Big Issue Invest

Bristol-based charity that tackles social exclusion receives £40K in funding from Big Issue Invest

The charity’s primary objective is to open opportunities for minority ethnic and other disadvantaged groups and communities in sectors where they are under-represented.

Phoenix Social Enterprise, a charity which aims to tackle social exclusion for disadvantaged groups and minority ethnic communities, has received £40K in investment from Big Issue Invest, the investment arm of Big Issue Group.

Phoenix Social Enterprise (PSE) tackles social exclusion via projects and activities that are of particular benefit to disadvantaged groups and minority ethnic communities, with an emphasis on education, training and employment.

Current projects focus on education services, youth mobility and citizenship rights, as well as providing accessible courses and training for the community. They also serve as a community hub, providing a valuable space for activities, groups and local businesses.

The charity’s primary objective is to open opportunities for minority ethnic and other disadvantaged groups and communities in sectors where they are under-represented.

The funding from Big Issue Invest will help Phoenix Social enterprise to renovate their current premises. It will also help the organisation to update and digitalise their services – including the digitalisation of their current courses, a web revamp, SEO investment to attract more demand and new computers.

Anabel Feria Dominguez, Investment Manager at Big Issue Invest, said: “It is an absolute pleasure to be able to support an important organisation such as Phoenix Social Enterprise. They have achieved so much over the last thirty years, and I cannot wait to see the amazing work they achieve in the next thirty!”

Babs Williams, CEO of Phoenix Social Enterprise, said: “We are incredibly pleased to have secured this investment from Big Issue Invest. It will help us not only update our building but to grow our digital capabilities and in turn reach even more people.”

To find out more about Big Issue Invest, or how your organisation could receive similar support to Phoenix Social Enterprise Ltd, please visit: https://www.bigissue.com/invest/

To find out more about Phoenix Social Enterprise Ltd, visit their website here.

Change a vendor's life this Christmas

This Christmas, 3.8 million people across the UK will be facing extreme poverty. Thousands of those struggling will turn to selling the Big Issue as a vital source of income - they need your support to earn and lift themselves out of poverty.

Recommended for you

Read All
The right and wrong reasons to borrow: A guide for social purpose organisations seeking funding
Big Issue Invest

The right and wrong reasons to borrow: A guide for social purpose organisations seeking funding

School pupils running social enterprises spotlighted by Big Issue
Press Release

School pupils running social enterprises spotlighted by Big Issue

Why social impact is needed in ESG
Big Issue Invest

Why social impact is needed in ESG

65,000 people facing systemic inequities supported by over £1.8mil of Growth Impact Fund investments
Big Issue Invest

65,000 people facing systemic inequities supported by over £1.8mil of Growth Impact Fund investments

Most Popular

Read All
Renters pay their landlords' buy-to-let mortgages, so they should get a share of the profits
Renters: A mortgage lender's window advertising buy-to-let products
1.

Renters pay their landlords' buy-to-let mortgages, so they should get a share of the profits

Exclusive: Disabled people are 'set up to fail' by the DWP in target-driven disability benefits system, whistleblowers reveal
Pound coins on a piece of paper with disability living allowancve
2.

Exclusive: Disabled people are 'set up to fail' by the DWP in target-driven disability benefits system, whistleblowers reveal

Cost of living payment 2024: Where to get help now the scheme is over
next dwp cost of living payment 2023
3.

Cost of living payment 2024: Where to get help now the scheme is over

Citroën Ami: the tiny electric vehicle driving change with The Big Issue
4.

Citroën Ami: the tiny electric vehicle driving change with The Big Issue