Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Entrepreneurial social enterprise helping young people receives £127,000 from Big Issue Invest

by March 8, 2023
March 8, 2023
Entrepreneurial social enterprise helping young people receives £127,000 from Big Issue Invest

This International Women’s Day, Big Issue Invest is celebrating the female-led award-winning social enterprise Foundervine.

The organisation has supported over 5,000 diverse-led ventures to start and scale through training, space, networks and access to capital.

The organisation has recently been supported with £127,000 in investment from Big Issue Invest, the investment arm of Big Issue Group.

Izzy Obeng, CEO of Foundervine, founded the organisation to help change the global face of entrepreneurship by building outstanding programmes that help entrepreneurs build sustainable ventures, and by solving the opportunity gap that currently exists.

Since launching in 2018, Foundervine has partnered with private and public sector partners to accelerate the growth of new, diverse-led ventures in Europe. The organisation delivers accelerator programmes in the UK that support early-stage companies, providing entrepreneurs from underserved communities with mentorship, training and financial support. Foundervine transforms society by making innovation open to anyone, anywhere.

The funding from Big Issue Invest will primarily be used to invest in new and current staff at Foundervine, which will help the organisation support even more people. Amongst the new hires is a dedicated business development person to focus specifically on making and closing deals in support of the senior leadership, enabling them to proactively partner with new organisations that support their vision.

The organisation’s vision is to build a world with no social or economic barriers to innovation. Foundervine aims are:

Access: to increase access to entrepreneurship and digital careers for future leaders.
Acceleration: to increase opportunities for emerging ventures, including providing access to networks, high impact learning opportunities and investment-readiness support.
Advocacy: to act as a voice for overlooked founders, creators and innovators in the UK and beyond.

Frustrated by a lack of diversity, Foundervine are on a mission to remove the social barriers to entrepreneurship and build the greatest network of digitally-enabled businesses in the world. It prides itself on its ability to plan and execute programmes smoothly and feed its alumni into a permanent and closely connected community platform who meet regularly, attend learning sessions, share daily thoughts, ideas, connections, opportunities, and more.

Linda Wickstrom, Investment Manager at Big Issue Invest, said: “The work Foundervine do is absolutely vital, which is why we are so pleased to be able to support them to grow their organisation and further their mission. Entrepreneurship is incredibly important for the UK economy, and presently there are far too many barriers to equality for diverse business owners – with black business owners currently having median turnover of just £25,000, compared to £35,000 for white business owners. Foundervine exists to put an end to this inequality.”

Izzy Obeng, CEO of Foundervine, said: “Our team and vision have been given a major boost through the funding provided by Big Issue Invest. Their trust in our work is truly priceless and will enable us to broaden our horizons and maximise our impact. In an era where support for diverse-led startups and entrepreneurs is ever more crucial, we are thankful for Big Issue Invest’s dedication to empowering underserved individuals and creating a more fair and resilient future.”

Read more:
Entrepreneurial social enterprise helping young people receives £127,000 from Big Issue Invest

0
FacebookTwitterGoogle +Pinterest
previous post
Act now to rescue the economy, bosses tell Hunt before the budget
next post
Last chance for businesses to take advantage of Super Deduction Tax Relief

You may also like

Creating a Foolproof Holiday Budget: The Role of...

December 14, 2023

Australian property giant backed by Rupert Murdoch’s News...

September 2, 2024

Strategy Insights Top 5 AI Trends Shaping IT,...

December 23, 2024

Zahawi: Nobody should have energy cut off this...

September 1, 2022

Royal Mail blames strike action for slumping to...

May 18, 2023

SMEs warned as AI drives rise in CV...

July 9, 2025

16-24-year-olds see employment jobs spike as living costs...

February 14, 2023

Gambling site Stake shut down after investigation into...

February 12, 2025

UK economy grows 0.2% in August despite pull...

October 13, 2023

‘Too emotional’ & ‘too bossy’: Calls for women...

September 8, 2022

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • PPE Medpro trial ends with defence accusing DHSC of ‘bad claim’ and pandemic scapegoating

      July 11, 2025
    • MPs warn UK must not weaken listing rules for Shein amid human rights concerns

      July 11, 2025
    • UK economy shrinks again in May, fuelling fears of faltering recovery

      July 11, 2025
    • UK government considers rescue deal for Speciality Steel amid fears of collapse

      July 11, 2025
    • Poundland faces stock shortages as big brands tighten terms following £1 sale

      July 11, 2025
    • Sandbanks bubble bursts as buyers flee Labour’s ‘tax bombs’ for sunnier shores

      July 11, 2025

    Categories

    • Business (8,450)
    • Investing (2,115)
    • Politics (16,003)
    • Stocks (3,199)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved