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Profit for Good

Ripples Story: “The cycle of improvement”

January 3, 2024 by Nhung Phung Leave a Comment

In this article, James Beecher, Project Manager at Creative Sustainability, shares how Profit for Good helped Access Bike recover from the COVID-19 pandemic restrictions and find the road to sustainability.

Access Bike is a community bike workshop and youth space in an old Mill building in Stroud, Gloucestershire. Our mission is to reduce the financial barriers to owning and maintaining a bike. We’re part of a Community Interest Company called Creative Sustainability, which focuses on Inclusion, Empowerment, and Sustainability. We accept donations of old bikes and use them to engage and train disabled and otherwise marginalised people, predominantly those aged 13-25. Once bikes have been refurbished, they are offered to young people or sold to help fund the project.

Our aim with the Profit for Good scheme is to maximise the community bike workshop’s benefit by developing and extending our provision while organising processes to maximise earned income. The scheme has enabled us to reinvigorate the project after the impact of the COVID-19 pandemic and accompanying restrictions. We’ve increased our opening hours through additional staff and casual employment time and invested in renovating our space – with a new coat of industrial floor paint and a wrap-around wall mural designed and painted in collaboration with our young participants. We’ve also taken on a new shopfront space in the nearby town centre, which will provide us with greater visibility and footfall and the opportunity to expand our stock of accessories and sales of these. In 2023, we more than doubled the number of bikes we sold to 115, giving a further 27 bikes away to young people and supporting another 200 people with bike mechanics.

Some of the young people we supported benefited from improvements to our mentoring offer – 1:1 ratio staffing for young and/or disabled people who need support to participate in the workshop for any reason. We produced a new leaflet and an online referral form, supporting more people and increasing our mentoring income. We are also collecting interview and observational data through the trial provision of bespoke ‘cycle buddy’ support that can help people understand what sort of bike they might need, how to check their bike for maintenance issues and develop riding confidence and road sense. Feedback has been very positive. Finally, we have started a process that will enable us to launch a membership scheme to generate further income—redesigning our logo and website and building a new email newsletter that now has over 200 subscribers.

We increased our earned income by £11,162 in total. This is excellent news, but it has been essential in a year when we received a £ 20,813 reduction in funding from grants, foundations, and the Lottery. The Profit for Good programme has enabled us to step things up at Access Bike! We’ve also received guidance to explore our stakeholder network and partner relationships, our value proposition – and develop skills relevant to managing the project. I’ve found participating in the programme beneficial regarding conversations with others.

James Beecher

Project Mananger at Creative Sustainability

Filed Under: Enterprise, Profit for Good Tagged With: access bike, bikes, creative sustainability, Profit for Good

Ripples Story: “Building relationships”

January 1, 2024 by Nhung Phung Leave a Comment

In this article, Elenid Roberts, Transport Coordinator at Yr Orsaf, describes how her organisation transformed an empty building into the Cymru Fydd community hub, a beacon of support and opportunity in Gwynedd, North Wales with help from our Profit for Good Programme. 

Located in the heart of Dyffryn Nantlle in Gwynedd, North Wales, Cymru Fydd is part of Yr Orsaf, a community enterprise providing support and opportunities for the community. This includes an accessible community hub for friendly advice and support with everyday needs such as cost of living, meeting spaces for people to hire for various activities, workshops, and workspace. It also houses a co-working space for individuals to use. There is an enterprise centre for young adults to develop the skills and confidence to start and run their own businesses. We also provide a community transport scheme using our electric vehicles for vulnerable people. It targets those affected by lack of public transport, a growing problem in rural parts of Wales. We also run an electric bike hire scheme to encourage people to reduce their carbon footprint and improve their health.

Last year, we were fortunate to be part of Rank’s Profit for Good Programme. It has allowed us to gain not only financial support but also provided us with the tools and a safe space to develop the skills and knowledge that are required to run a successful and sustainable business.

When we started the Profit for Good Programme, we were in the early stages of our enterprise, which was transforming an empty building (Cymru Fydd). During construction, we faced many uncertainties and delays. During this time, with Profit for Good guidance, we built relationships with skill-set organisations such as local colleges to offer varied workshops and training for young entrepreneurs. We also partnered with three other like-minded community transport organisations based in Gwynedd. Together, we are expanding our services and developing new bus routes that will allow us to help and reach more individuals. Through collaboration and intensive marketing, we have generated interest and have started to receive bookings ready for when we open.

Our enterprise is more effective due to the learning through the project. I have gained confidence and increased my knowledge through participating in the session and learning from other experiences. I have had the opportunity to raise problems I have faced with the Action Learning Set and have been supported in thinking about practical solutions to these challenges. As a result of the programme, Cymru Fydd and I have increased our impact. We are confidently looking forward to opening our doors at the end of the month.

Elenid Roberts

Transport Coordinator at Yr Orsaf

Filed Under: Enterprise, Profit for Good Tagged With: Cymru Fydd, enterprise, Profit for Good, Profit4Good, Social Enterprise, Yr Orsaf

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