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Social bite among Santander winners

More than 100 social enterprises across the UK have benefitted from investment funding awards worth £5,000, £10,000 or £20,000 as part of Santander's social enterprise development awards. Total funding from the initiative amounts to £925,000. Winning social enterprises also receive a business support package which includes business webinars and funded internships. This year's recipients included Social Bite, a catering venture headquartered in Edinburgh that employs homeless people. The money will be used to purchase a van and expand operations. Steve Pateman, head of UK banking at Santander, said: 'Social ventures play a valuable role in supporting communities and SEDA was set up to help those with the potential to grow. 'Over the last five years, SEDA has helped over 400 dynamic social enterprises and we are very pleased to have seen the winners expand and increase their social impact.'

 

Note: News bulletin content has been provided by a third-party and is not the opinion of Santander

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