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We're on the move!

30th September 2016 By Katy Ford in News

Apologies for the lack of blog posts recently. We’ve  been busy preparing for an office move.We’re not going far, physically, in fact, just down the road. Doing so though, will enable us to go considerably further in terms of the impact we can make across the East of England...  

 

 

So, what are the facts?

 
When are we moving?

7th October 2016.

Where are we moving?

Coppice House, 5 Greenwood Court, Bury St Edmunds, Suffolk IP32 7GY.

Why are we moving?

To enable Foundation East to further grow as a specialist in providing responsible finance to social enterprises and to entrepreneurs with viable business plans that traditional finance providers cannot help.

What does this mean to you, our existing customers, funders, suppliers and members?

Moving increases our cost-efficiency. Increasing cost efficiency frees up financial capital to lend to more entrepreneurs. Lending more means delivering more social capital[1] across the East of England. Delivering more social capital means reducing benefit claims; creating more jobs, skilled workers and tax revenue and strengthening community services and spirit across the region.

In addition, Coppice House provides a convenient, comfortable and inspiring place from which to work and in which to welcome visitors.  This new space marks a new stage in the evolution of our Responsible Finance sector Mutual Society.  Indeed, as the political and economic landscape changes, we’re shaping up to set the pace, more about which I shall share in future posts…

 



[1] Foundation East generates an average social and economic return (social capital) equivalent to £15.68 for every £1 spent. To see how, read my previous post, The Value of Supporting Local Businesses.


  • About the Author
    Katy Ford

    Katy Ford

    Working for Foundation East since its inception in 2004, Katy became Chief Executive in 2009. She had previously held the position of Treasury Manager for a large insurance company. In this role, she was responsible for developing and maintaining relationships with banks and investment houses on behalf of corporate clients, as well as the treasury team. Before this Katy ran a small hotel, an experience that enables her to understand the challenges faced by Foundation East’s SME clients.