Social Business Mentoring
There are currently over 100,000 social businesses in the UK, contributing £60 billion to the economy and employing two million people. Like traditional businesses, they aim to make a profit, but it’s what they do with their profits that sets them apart. They tackle social problems, improve people’s life chances, support communities, help the environment and provide training and employment opportunities for those furthest from the market.
Barclays is sharing its expertise and skills by supporting social enterprises through mentoring. The aim is to create a safe and open environment for social businesses to examine the key challenges they are facing with a range of peers and experts, explore potential solutions and understand the support, investment and funding available to them for future development and growth.
In 2019 alone mentoring events took place in Barclays Eagle Labs across the UK with around 700 Barclays colleagues providing mentoring to around 69 social businesses through a partnership with Big Issue Invest.
Barclays is a supporter of Social Enterprise UK and Social Enterprise Scotland, and has committed to the SEUK Corporate Buy Social Programme which sees the bank join other large corporates in a mission to spend £1bn with social businesses and work with them to help them navigate corporate supply chain access.
How social business mentoring has helped me
Why I enjoy supporting social business mentoring