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SIB Big Potential and Breakthrough Grants – Case Study

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Presentation on theme: "SIB Big Potential and Breakthrough Grants – Case Study"— Presentation transcript:

1 SIB Big Potential and Breakthrough Grants – Case Study
Presentation By Louise Mckiernan

2 Introduction to DRC What We Do Legal Status
Current Market Considerations Strengths Improving sustainability and scale

3 Our Strategy For Growth
To secure additional public sector contracts in more areas of the UK to deliver more services to disabled people - free at the point of delivery To launch new commercial trading products and services to disabled people - and a wider market – chargeable at the point of delivery

4 New HELP! At Home Service
Market opportunity Service offering Research and Business Planning Bringing the service to market Loan Investment

5 Social Investment Ready ?
Not quite ! Organisational and cultural shift Build new 5-year financial model Systems and controls development Improved understanding of new markets we wanted to penetrate Understand the social impact

6 Our Experience of the SIB Big Potential Opportunity
Selecting SIB approved Provider Initial Diagnostic Tool Telephone Interview Full application Grant Award Getting on with the delivery Interim and End of Grant reports

7 How the Grant Has Helped Our Business
Robust 5-year financial modelling system now in place to meet commercial needs Greater understanding of our social investment needs going forwards Improved knowledge about commercial markets and our USP Pilot and review Help at Home Service Able to demonstrate social impact

8 Social Investment Ready ?
Yes ! Fully operational Help at Home service ready to scale up Clear social investment requirement Social impact reporting in place

9 Our Experience of the SIB Breakthrough Opportunity
Applied for a small follow-up grant for support to help us secure loan finance Worked with the same SIB approved Provider Same grant application and award process with interim and end of grant reports required. Loan finance now secured !

10 Thank You For Listening
Disability Resource Centre Head Office 4th Floor, Lyndon House, 58-62 Hagley Road, Birmingham B16 8PE Information Health and Wellbeing Centre Unit 18, ACE Business Park, Mackadown Lane, Kitts Green, Birmingham B33 0LD Voice: Internet:


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