Social Franchising Programme
Community & Voluntary Sector Organisations...
Is your organisation faced with funding cuts?
Are you struggling to keep staff in jobs and services in the community?
If so, you may be interested in the Social Franchising Programme.
The Social Franchising Programme is a free initiative that has been developed by Ortus and funded by Invest Northern Ireland in order to help Community & Voluntary sector organisations partner with a profitable enterprise that will provide an unrestricted source of income and ensure the future sustainability of the organisation.
You can apply for this programme here.
Established Social Enterprises...
Do you have a good product or service that works in your community?
Would this model work elsewhere in Northern Ireland or further afield?
If so, the growth side of Social Franchising Programme is also free and aims to help successful Social Enterprises generate additional income through the replication of their enterprise across Northern Ireland and/or further afield.
Recent research by NatWest and the British Franchise Association has shown that the UK franchise market is worth £12.4 Billion, employs 521,000 people and that 90% of franchises in the UK were profitable in the last year despite adverse economic trading conditions. With such a high success rate, it’s no wonder that means the franchising model is favoured by the banks, making finance much easier to finance.