Squaring The Circle on SROI with Lynn Hendry

Demonstrating the impact and value of your organisation essential, especially nowadays for the continued success of your organisation.

Organisations are accountable to their funders in terms of evidencing how they have spent any grants they receive and the outcomes of the projects these have funded. And increasingly, consumers are considering a companies social impact when making purchasing decisions, and in an era of greenwashing and virtue signaling, consumers want proof of what their money is going to support.

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Pitch Perfect: The Circle Academy celebrates 2020’s participating Social Entrepreneurs

Cohort 3 of The Circle Academy commenced on the 17th of September 2020 after 6 months of what can only be described as COVID-related chaos. It was an immense victory for us to be able to pilot the first ever fully digital Academy programme, with a brand new Academy Manager, a purpose built online learning platform and eight existing or aspiring social business leaders along for the ride.

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Squaring The Circle on Funding Applications with Kirsty Thomson

The world of funding can be complex to navigate and if you don’t know what funders are looking for it can make it difficult to get the funding your organisation or project needs. Acquiring funding is particularly important for many organisations at the moment to plug the gaps in cash flows and to allow them to adapt their way of working in response to the covid-19 crisis. Join Founder and CEO of The Circle, Kirsty Thomson for a webinar where she’ll be covering what you need to know about the world of funding.

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What Is The Semi Circle?

The Semi Circle is a brand new programme we are launching under The Circle Academy. 2020 has seen huge changes to the way we do things and brought our plans for a digital version of our in-person Academy programme right to the forefront. We’ve created a specialised digital learning platform from with to host our programme and populated it with new and improved content. We are very pleased to be launching the brand new Semi Circle programme as part of this.

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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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Welcoming Alvina Menzies to the team

The Circle has welcomed a new member of staff to their team. Alvina Menzies will be joining the team as Academy Manager in August. She will be managing The Circle Academy during its third cohort beginning on September 17th and concluding in December.

The Circle Academy is our 12-week programme focused on developing skills and knowledge in the following key areas: mindset, business model, finance, legal, governance, people, social impact and sustainability through multiple income streams. The programme is now SQA accredited as a level 7 SVQ – successful candidates will complete the programme with a business plan, cashflow and marketing strategy as well as an award in ‘The Circle Academy Award in Social Entrepreneurship’.

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Understanding funding for social entrepreneurs

For any business the ultimate goal is to become financially self-sustaining, and one way to achieve this is through investment and fundraising. At The Circle we adopt a ‘More Than Profit’ approach and encourage others to do so as well. Having a ‘More than Profit’ approach means that companies with a social impact should aim to be self-sustaining from doing what they do (e.g. the sales of its products and/or services) and should not be reliant on a single income stream.

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