Best Practice Session

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Welcome

Stephen Fraser – Director of Resources & Social Enterprise

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Sequal is a wholly owned subsidiary company formed by BCHA as a Social Enterprise in June 2006. Its purpose is to provide an alternative funding stream to BCHA and other charities, and to provide employment opportunities for service users. Sequal has an annual turnover of over £1.8 million and employs over 100 staff in 3 areas: -Staffing and Recruitment -Childcare -Foundations

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Staffing: -Providing support staff to BCHA, other group companies and external customers

-Recruitment of staff - Expanding geographically

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Childcare -Business Plan presented to Sequal Board in January 2008

Boscombe Nursery - Neighbourhood nursery - 44 places - Providing affordable childcare in disadvantaged area - Sequal running since August 2008

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Harcourt Road – 20 Places -Purchased Property -Refurbished -Established Brand Image - Gained Ofsted Registration

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Foundations A company with a difference.. - Reinvesting in people - Strong social belief of providing choice for people who have experienced difficulties in life - Tackling entrenched worklessness.

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Foundations -Business Plan presented to Sequal Board in January 2008

-Start up funding provided by JP Morgan -Providing gardening, decorating, maintenance & cleaning services

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Foundations -Launched August 2008 - Employs 21 staff, 60%+ Service Users - Looking for other areas of business to move in to which will provide routes for service users into employment

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Other Social Enterprise Activities in BCHA include:

Wheelie Great Bike Shop - put together business plan - £50,000 start up funding from SPARKS challenge Support 4 Me -developed using existing skills - low cost launch using website Continually looking for ideas to develop