If creativity is about having ideas and innovation is about turning those ideas into solutions, then enterprise is about making those solutions sustainable through generating income from a mixed economy, as well as developing skills, capacity and impact. At its best, enterprise enables organisations to grow roots and wings at the same time.

This is easier said than done, especially when working tirelessly to deliver front-line services, but the benefits are high; more income, more freedom to operate, greater social impact and becoming less reliant on grants.

Enterprise is a vital part of social production and is a more recently defined aspect of The Rank Foundation’s strategy.

It’s aims are:

  • To be more enterprising about how we support and fund organisations. This includes:
    • awarding grants that enable organisations to increase sustainability through generating income in diverse ways
    • offering repayable grants to those who have a well developed product and business plan
    • being more enterprising in how we support organisations, particularly through development bursaries and RankNet
  • To support enterprising initiatives that stimulate the job market and encourage entrepreneurial endeavour; providing employment or employability opportunities for those furthest from paid work opportunities.

The Rank Foundation is committed to supporting organisations to be resilient and sustainable in the years ahead, in order to maintain impact for the communities they serve.

Enterprise Related News Posts

Memorial Award Winners 2017: Update

Last Wednesday The Rank Foundation launched applications for the Rank Memorial Award 2018. This is open to all members of the network and opens up an opportunity to embark on an adventure exploring an area [...]

  • Hyst Hull

Charity of the Month – March

Hull Youth Support Trust Who are Hull Youth Support Trust? The Hull Youth Support Trust HYST is a charity set up to support young aspiring business people in Hull and the surrounding areas. HYST is dedicated [...]

  • DCCS

Charity of the Month – December 2016

Dundee Comics Creative Space Dundee Comics Creative Space (DCCS), developed by The University of Dundee, is a social enterprise which encourages learning through comics, supports aspiring comic artists and provides individuals with educational workshops. What [...]