IMPACT 🧵 | Since 2015, the world has transformed. Our communities have never been more vital.

For 6 years, we've been supporting the community business sector.

This is the story of how communities can use the power of business to improve our lives and the impact we've made ⬇️
IMPACT 🧵 | We've invested £8⃣6⃣ million into community business. Two-thirds of this has gone into the most deprived areas.

This has helped put assets in community hands and improved financial resilience.
IMPACT 🧵 | We've supported 1⃣,2⃣8⃣2⃣ unique community businesses and distributed 1⃣,9⃣3⃣8⃣ grants.

These have strengthened priority sectors:
🍻 3x number of community pubs
🏠 889 community homes built
🌲 £40 million invested in community energy
IMPACT 🧵 | We have improved the operational capacity of community businesses.

This has enabled them to create voluntary opportunities and jobs for local people, strengthening capacity and skills.
IMPACT 🧵 | Community businesses have a vital effect on the people they serve:

🤝 82% promote community cohesion
❤️ 85% reduce social isolation
IMPACT 🧵 | Community businesses provide vital support to the local economy 💷

• • •

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More from @peoplesbiz

19 Nov 20
STATEMENT | Our CEO @vidhyaalakeson on Boris Johnson's #TenPointPlan, echoing messages from @Comm1nrg:

“The ambition that sits behind Boris Johnson’s Ten Point Plan is a step in the right direction. However, it’s missing two key components – people and communities."

1/4
STATEMENT | @vidhyaalakeson:

"We’ve seen the power of community in action during the pandemic and if we are to achieve a net zero economy, it is essential that local people have a say in devising and implementing local solutions.”

2/4
STATEMENT | @vidhyaalakeson:

“Community energy is doing just this, and the sector is ready to scale if the government puts the necessary mechanisms in place, such as a reinstatement of Social Investment Tax Relief for community energy."

3/4
Read 4 tweets

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