This day, first marked in 2001, is an international day designated by the United Nations to honour refugees wherever they are. It recognises and celebrates the strength and courage of all those who have been forced to flee their home country to escape conflict or persecution. It is an occasion to build empathy and understanding for their plight and to recognize their resilience in rebuilding their lives.
Everyone has the right to seek and to enjoy in other countries asylum from persecution.
Co-operatives have often been at the forefront of supporting those seeking safety. Last year, the Co-op Foundation awarded a £250,000 grant to Refugee Action, and laid the foundations for Co-op members, Co-op Academies and Member Pioneers to get involved in providing further support. In Ukraine, co-op workers have been taking refugees displaced from occupied areas into their homes. And in Poland, credit unions have been at the forefront of providing humanitarian relief, and welcoming Ukrainian refugees. This document on the International Labour Organisation website highlights further examples of co-ops supporting refugees in recent decades.
Today, and through Refugee Week, (check out the full range of events running here) we hope you will join us in celebrating the innovative creativity and resilience of refugees and other people seeking sanctuary. When even the history of that ‘British’ classic fish and chips can be traced back to the kitchens of Jewish immigrants, it is clear that their contribution is so vast as to have become woven into the fabric of our society.
A Youth Football League founded to provide opportunity for young people to participate in organisation football matches in North Derbyshire has secured funds to buy land and buildings to develop facilities for members and benefit the local community.
Currently based across three mini venues in Matlock, Chesterfield and Clowne, North Derbyshire Youth Football League (NDYFL) has been supporting young people and providing a league for over 300 teams and approximately 3,500 youth players since its founding 1947 and is part of the Football Association and affiliated to Derby County Football Association.
The league which has teams across age ranges and abilities from Under 7s to Under 18s, has now secured funds from Co-operative and Community Finance CCF, Co-op Loan Fund (managed by CCF) and Charity Bank.
NDYFL have agreed the freehold purchase of a former sports and social club in Hollingwood, Chesterfield with 8.87 acres of land to create a brand new HQ and Sports and Social Club with function rooms and facilities available to hire for member clubs and the local community. The league will be securing the buildings prior to redevelopment and meeting with the local community to discuss the plans. The addition of the site will give NDYFL some further capacity to accommodate new teams that have shown an interest in joining the growing league, building awareness and creating opportunities to develop and diversify youth football in the region.
Andy Bagshaw, Chairman of NDYFL said: “Attracting funding for a volunteer run organisation was a challenge. Many weeks of discussions with our bank and other finance companies ultimately failed to result in the investment we needed. We came across Co-operative and Community Finance (CCF) and they changed our whole perspective on what was achievable.
Kevin Lloyd-Evans and Tim Coomer were immediately supportive and guided us on taking advice from Co-operatives UK as well as helping us secure the finance we needed to complete the project. At all times we felt that C&CF ‘were on our side’ and could see the aims and importance of having our own facilities to provide youth football for hundreds of local children.”
Kevin Lloyd-Evans, Lending and Relationship Manager at Co-operative & Community Finance said: “We are really pleased to have invested in NDYFL. When they came to us, they were struggling to navigate the complicated maze of repayable finance. We were able to help by putting them in touch with support from Coops UK and The Access Foundation’s Reach Fund. By working with Charity Bank, we were able to leverage in significant experience, skills and additional finance to really add value to NDYFL’s investment experience. Our partnership model is a growing feature of our work. It enables us to support clients better and add value through the investment process.”
You can keep up to date with NDYFL’s exciting plans by visiting their website or Facebook page.
Book your place now to join us on the 30th June for the ICOF and associated companies AGMs.
Our AGM this year will again be held online. Please view the information and respective AGM packs here and if you are a LTD Member, PLC or ICC shareholder and wish to attend, please contact Alain now
The biggest event of the UK Co-operatives Year is back, in person. And we’re going to be there. Are you?
After two years away, we are so pleased that Congress will be happening in person (with an online element) on Friday the 17th and Saturday the 18th June in Birmingham, with a networking dinner on the evening between the two days.
The programme is packed with workshops, discussions, advice and keynotes. Alongside traditional support sessions, advice for those new to the movement, and exploration of the democratic economy, some sessions have jumped out at us.
On Friday, Joining the dots: How can tech enable a stronger co-operative economy? will explore the part tech could play a huge role in transforming and strengthening the co-operative movement.
Later that day, a panel will discuss the role of co-ops in creative industries and how co-operatives can address unfairness in the music industry
On Saturday, two sessions will explore Community Shares, and Women’s voice through co-operative history. And there is much, much more besides.
A guide intended to provide industry and stakeholders with a common approach to commercial retrofit through the lens of net-zero carbon has been published.
From 2025, every commercial building in the UK will require an energy performance certificate (EPC) which rates its energy efficiency from grade A to G. The government has proposed that all commercial properties being let have a minimum EPC rating of at least ‘B’ by 2030 and is considering a possible interim requirement of level ‘C’ by 2027.
As approximately 70% of the UK’s non-residential building stock was constructed before the year 2000, significant energy efficiency and embodied carbon reductions will be needed to meet these standards.
This article from the UKGBC explores what to think about in useful detail and if this is something you are thinking about, talk to our friends at Retrofit Works – a not-for-profit cooperative offering its services at the lowest possible cost to further their mission, lower energy bills, create healthy homes and achieve Net Zero.
The Social Investment Forum (SIF) is undertaking a piece of research under its ‘Future Needs’ working group that aims to move beyond asking what form of money organisations want (loan, grant, blended, equity etc), and focus instead on assessing the product features that are most appropriate and desirable for charities and social enterprises when they are looking to take on investment.
This survey will develop our sector’s understanding of the current and future needs of the social economy – incorporating all elements of product design and development – to help ensure that we can offer products which are built around the needs of charities and social enterprises.
This is YOUR CHANCE to help them understand what YOU need.
It should only take 5-10 minutes to complete and is for any charity, social enterprise or other social purpose organisation based in the UK, regardless of whether you are currently seeking funding.
The survey is open until the 10th June and can be accessed here
The SIF is the national forum for social investment and finance intermediaries (SIFIs). Activities of the SIF aim towards the betterment of the UK’s social investment market, through advancing the work of cross-sector initiatives, as well as advocacy and policy work to influence the Government’s legislative and regulatory agenda. You can find out more about the SIF here.
This blog was edited on Wednesday 8th June to include the closing date for the survey.
We’re really pleased to share the announcement that the Community Shares Booster Fund has relaunched this week in England with new investment from Power to Change.
We are incredibly proud to be involved in the Community Shares Booster Fund which supports new and existing community businesses in England that are at all stages of a community share issue. Support is available through development grants, matched equity up to £25k, and where relevant specialist business development support is available.
Whether you are at the earliest of early stages of exploring if it’s the right choice, through to planning a community share issue, being ready to launch, or in exceptional cases, recently launched – the Fund can help.
The Community Fund supports projects that make communities fairer for everyone. Co-op members have raised over £85m for nearly 30,000 local projects since the fund was started in 2016.
Successful applicants will partner with Co-op for 12 months and you’ll get a minimum of £1,000 to support your project.
Types of projects that will be considered include those that:
· Bring people together to access food
· Help improve people’s mental wellbeing
· Create opportunities for young people to be heard and make a difference
· Help people protect local biodiversity or tackle climate change by reducing carbon emissions
Sounds like it would suit your organisation? Find out more on Co-op’s website.
Today is World Fair Trade Day – a global celebration organised annually by the World Fair Trade Organization (WFTO) to raise awareness on alternative solutions to the planet’s economic and ecological challenges.
We really like their focus on business models that put people and planet first. Business is not going away and models that do better, build better, support their communities, have to be part of the solution. And as they point out, and as we see in the co-operative sector, Fair Trade Enterprises retain a stable turnover over many years. Their pursuit of social and environmental goals does not undermine their ability to operate in a competitive market.
Building better business is what we do and how we work, and it’s what we have done for almost 50 years.
We wish you a Happy World Fair Trade Day and we wish all of us a world full of brighter, better businesses – co-ops, community owned, fairly traded.
Co-operative & Community Finance’s ‘More Than a Pub’ finance package has helped the residents of Frisby on the Wreake purchase and refurbish The Bell Inn, creating a pub owned and protected for future generations by the community.
As the only remaining pub in Frisby on the Wreake (situated on the Upper Wreake Valley of Leicestershire) owners of The Bell Inn approached local parish councillors when the pub closed its doors in April 2021, due to the lease not being renewed by previous tenants. Following a village meeting exploring the option of purchasing the community asset, ‘The Bell Inn Frisby Community Group’ was quickly formed with surveys being sent to 382 households in the village and wider rural catchment in May 2021.
A positive response to the potential purchase from residents led to the formal registration of ‘The Bell Inn Frisby Community Group Limited CBS’ in August 2021 following ongoing community consultation they produced a Community Engagement Plan in the September. It was at this point that the vision, aims, and values of the community pub were established involving becoming a family friendly and inclusive hub for the community, and extending services to include a daytime café, business hub (with Wi-Fi and printing facilities), and installation of an Electric Vehicle charging point.
A community share offer was launched on 11th October 2021 and after a slight extension of the deadline an impressive £302,000 was raised by the community with help from residents within the Melton Borough area as well as investors from across the Midlands, UK and even a some from overseas (including Germany, Hong Kong, Fiji, Australia and the US through previous residents of the village and family members living abroad).
As well as the purchase of the building the new society intends to refurbish and repair the courtyard area, buy outside furniture, and provide working capital for set up and stock for the bar. The Bell Inn intends for the membership and community to have a real say in the future direction and core values of the pub providing positive social impact, promoting inclusion and becoming a ‘hub’ for the community.
Tony Bird, the Chairman of The Bell Inn Frisby Community Group, said “We have achieved so much in such a short space of time, but there is still a great deal to do. We have already erected scaffolding to give the exterior a facelift and the kitchens are undergoing complete renovation with a view to starting food service on Wednesday June 1st.”
Steve Hardy, Pub Operations Manager added, “We also have ambitious plans for the outside area and the conservatory. We debated delaying the opening, but once we’d completed the bar area and revamped the cellar, we just wanted get the doors open and start trading.”
The supportive loan finance from Co-operative and Community Finance comes from their ‘More Than a Pub’ fund, a loan product created specifically to support Community Pubs, as a legacy to the original Power to Change and the Ministry of Housing, Communities and Local Government (MHCLG) funded project, led by the Plunkett Foundation. Tim Coomer, Business Development Manager Co-operative & Community Finance said: “It’s fantastic to see another community take ownership of such an important village asset. I know the committee are keen to be really involved in the pub alongside a new manager and reject it becoming just a destination pub, by offering a reasonably priced range of products that are accessible to all.”
The ‘More Than a Pub Fund’ provides loan finance of between £75,000 to £150,000 available to Community Owned Pubs at a discounted rate of interest for members of the Plunkett Foundation, length of term ranges from five to twenty years. We can also help support groups access grant funding to help get them develop their business plans and pay for surveys, etc… through the Reach Fund. Please contact Co-operative & Community Finance for the full terms and conditions, and to discuss how your Community Owned Pub venture can be supported.