Financial Resilience Broxtowe
Financial Resilience Broxtowe continues to make great progress in levelling up economic outcomes for our clients. There will be a full Year 2 Impact Report out soon but in summary the Evaluation of Year 2 found that:
- The project offers effective support to communities which do not traditionally benefit from economic investment and growth.
- it exceeded the projected key performance indicators
- reaches a cohort of people who have become economically inactive due to poor health
- delivered £1.4 million in additional income for beneficiaries
- proactive intervention has lowered indebtedness for the client group
- provides beneficiaries with the skills to manage problems in the future
- improves mental wellbeing reducing isolation and increasing optimism
- 90% of beneficiaries report a measure of improved financial resilience
- 89 people accessed jobs and skills support
- Financial Resilience Broxtowe is a lead partner reducing the level of debt owed by the community in Broxtowe
- a social return on investment of 22:1 or £22 for every £1 invested.
Broxtowe Business Grants
Broxtowe Borough Council have launched a new business grants programme that is now live until 19th August 2024. Grants of up to £10,000 are available with up to 20% required match funding. Broxtowe Business Grants are funded via the UK Shared Prosperity Fund. More information is available on the link provided.
Hemlock Happening
The Broxtowe Mediation team held a stall at the bristling Hemlock Happening event on 8th June. As well as promoting the service and speaking to people about how mediation could help them. Mel Jordan-Platts our Mediation Coordinator said:
“It was a great day and so grateful to the amazing volunteers that we have. We had some really interactive conversations with members of the public who were interested in about the ways mediation could have helped them with real life situations they had faced. Hemlock Happening is a great event and as well as promoting our service we enjoyed the activities and stalls that were there.”
Homechoice
Broxtowe Homechoice will replace Homesearch from 1st July. If you are a current applicant you will need to re-register . The council are continuing their drop-in sessions during July at Hopkins Court and the council offices. More details are on the poster below.
Community round-up
