£1.5M funding enables social care charity to target growth

20/07/2023
Katie McVey, Enable

ENABLE – one of Scotland’s leading charities that supports people, employers, and communities across its three pillars, Enable Cares, Enable Works and Enable Communities – will be able to extend its social care, employability and community-based services to 2,000 more people, following a £1.5 million funding boost from responsible finance provider Social Investment Scotland (SIS).

Enable currently helps over 11,000 people with additional support needs to live independently in their own local communities and recently invested almost £5 million in enhanced pay for their social care workforce and in digital innovation.

Over the last seven years, Enable has doubled in size and increased its impact significantly, with income growing from £30 million to £60 million.  This rapid growth reduced the proportionality of the charity’s cash reserves relative to the size of its operation, whilst the charity consistently generated modest surpluses year on year.

The charity was established in the 1950s and has grown to be one of Scotland’s major social care providers. It has a team of more than 2,500, making it one of Scotland’s top 40 non-public sector employers. The finance boost will help Enable to manage the annual funding cycle and allow the charity to focus additional efforts on growing its impact post-pandemic – at a time when its services and expertise are in high demand across the country.

The funds are part of SIS’s targeted £8.5 million Community Sustainability Support Package, which was launched late last year to support Scotland’s social enterprise and third sector through challenging times. Funding is designed to help with a range of financial requirements including short-term cash flow, large scale projects to increase energy efficiency, initiatives to reduce costs and the development of new income streams.

Beneficiaries of the fund also have access to an online support programme with industry experts offering advice and guidance to social enterprises, charities and businesses through the cost-of-living crisis.

Katie McVey, director of strategy and development at Enable, said: “With not-for-profit providers having limited options for investment, the opportunity for this loan came at the perfect time. It offers added stability, allowing us to deliver even more vital services to support more people to live independently in the community. Social care remains a complex environment to operate in, but the quality of what Enable offers is reflected in the sustained demand for our services. This funding is a welcome boost and allows us to continue our growth journey, working with new partners to help increase our impact across the country.”

Chris Jamieson, head of investment at Social Investment Scotland, added: “Enable is a fantastic organisation operating at a national scale, but current financial pressures have impacted its ability to build resilience and continue to grow. This is exactly the kind of challenge that the Community Sustainability Support Package was set up to address. Extra funding now puts Enable on the front foot and the charity is in a better place to conquer the ongoing challenges the social care sector faces.”

The Latest Stories

Edinburgh based business raises $5 million to change the legal industry
Law firm advises John Lewis Partnership on new acquisition
Highland hotel reaches world “green” final
McGill’s CEO wins lifetime achievement award