Two items were of particular interest in today’s Third Sector Online digest.
First, news that Business in the Community has secured £4.8m from the BIG Lottery to expand its ‘business connectors’ scheme. Business connectors are people who have been trained by BITC to help develop partnerships between businesses and community organisations in deprived neighbourhoods across the country.
This news will be of especial interest to any third sector organisations working alongside BITC, I would have thought, for the additional opportunities it opens up, and may also be relevant in the context of Birmingham’s Transforming Local Infrastructure programme, given the emphasis TLI has on enabling more private sector businesses to play a part in supporting the development needs of the third sector.
The other item is the news that The Social Enterprise Loan Fund (TSELF) and Big Issue Invest are merging their investment operations — a major merger in what I guess can be called ‘back office’ functions. TSELF will of course continue as an independent charity but its loans portfolio will be managed by Big Issue Invest.