New opportunity to join our thriving community

We know times are hard just now during this challenging period of uncertainty. For many, our working spaces have become dining room tables, the edge of the bed or our living room. There’s plenty to enjoy about the flexibility of working from home, but we’ve found that as more people begin to safely return to their offices, they come to realise what they were missing: other people!

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Join us for a webinar answering your burning governance questions

We are offering a webinar on governance with former Alliance Trust Company Secretary, Donald McPherson. The session will be running on Thursday 15th October from 10am to 11.30am.

Donald McPherson has worked in legal and governance roles in listed companies for 30 years, including his role at Alliance Trust PLC, where he was responsible for setting up and chairing the Alliance Trust Foundation. He is currently the Chair of The Circle, a corporate governance consultant and non-executive Director.

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Funded spaces available for The Circle Academy cohort 3

We are thrilled to be able to offer a limited number of funded spaces on cohort 3 of The Circle Academy for people who fit into any of these three categories:

  • Individual business owners who have found themselves on Universal Credit or low income as a result of pandemic who need support to pivot and grow sustainably in 2021
  • Individuals with additional support needs
  • Young entrepreneurs in the Dundee postcode area (Aged 16-24)
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You’ve heard of Social Enterprise but what does ‘More Than Profit’ mean?

From pay it forward schemes to eco friendly products, to cafes that employ individuals with additional needs, chances are you’ve know of a social enterprise or interacted with one in some way.

It was around 10 years ago that Toms, the shoe brand, hit high streets with their promise to give a pair of shoes for each one that was purchased. and it was the first time in my memory at least that a big brand had social impact built into their business model.

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Applications open for the next cohort of The Circle Academy

The Circle Academy is an intensive learning programme that provides a mixture of expert led sessions, exclusive online content including The Academy Manual, one to one practical learning and expert consultancy time to help you deliver a well researched and credible business plan, cash flow and marketing plan worthy of investment.

Over 12 weeks, it covers 12 key elements of running a More Than Profit business including entrepreneurial mindset, business planning, legal structure, governance, finance, marketing, sales and selling, teams and culture, social impact, funding and pitching.

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Why a cash flow is crucial for social entrepreneurs

A man walks into a bank, pulls out a gun and says to the clerk, “Give me all your money. I need to set myself up in new social enterprise. I need initial investment until my cash flow is established.” 

The manager turns to the clerk and says, “You’d better do what he says, I think he means business.” 

How right our robber is, any social enterprise, no matter the size or how long it has been established, needs to have a robust cash flow. Like any other business, lack of cash is one of the biggest reasons for small business failure. 

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Start up funding for social entrepreneurs in Dundee

Social entrepreneurs are being invited to pitch for a share of a £20,000 funding pot towards start-up costs for their ventures. The Circle and funding body, UnLtd, are inviting people starting up organisations or projects which will benefit the Dundee community to make a pitch about their venture to a panel of judges. Following the pitches, successful entrants will be awarded up to £5,000 to cover some of their start-up costs.

Those who are interested in this opportunity should register their interest by contacting eileeninglis@unltd.org.uk or by completing an application here: https://www.unltd.org.uk/our-work/our-focus-areas/resilient-communities

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