The Naramata Centre has received the United Way Southern Interior BC (SIBC) Social Enterprise Accelerator Program fund this year. (photo submitted)

Naramata Centre receives social enterprise funding and mentorship from United Way

BrainTrust Canada, IndigenEYEZ and Operation Take Two also received social enterprise fund

The Naramata Centre is one of four recent recipients of the United Way Southern Interior BC (SIBC) Social Enterprise Accelerator Program fund this year.

In partnership with Interior Savings Credit Union and the Community Foundations of the North and South Okanagan, the fund is awarded to deserving local organizations in the Okanagan.

READ MORE: United Way provides social enterprise funding and mentorship

The Kelowna and Vernon-based BrainTrust Canada, IndigenEYEZ, which operates across the region, and Operation Take Two, based at Rutland Senior Secondary School in Kelowna, were also recipients.

All four organizations have secured funding designed to help them build long-term sustainable revenue for their social enterprise programs, reads a United Way media release.

“This collaborative fund is about supporting the capacity and long term sustainability of charities in our region, a goal we all share,” said community investment manager with United Way SIBC, Jude Brunt in the release.

“This is year two of a fund that is ground breaking in our region. It’s something we hope to repeat in future years as we learn how this kind of smart investment can spark the growth of new social businesses, and have positive impact on their missions at the same time.”

READ MORE: Okanagan homeless graduate into the workforce

While charities and non-profits traditionally rely on three core sources of revenue: government funding, philanthropy and earned income, it is only their earned income that offers any prospect for long-term growth and sustainability, the release states.

According to the release, the Okanagan Valley has an entrepreneurial culture that is ripe for growth of mission-based ventures, which now earn more than $500 million annually in B.C. and provide 13,000 paid jobs across the province.

All four organizations will receive a year of mentorship through Purppl’s Scale Up social enterprise acceleration program.

The program allows recipients to work with Purppl who will team these social enterprises with experienced “Entrepreneurs in Residence” to help them refine and scale their business model, the release states.

Entrepreneurs in Residence are an increasingly beneficial resource in the Okanagan where a wealth of skilled professionals with diverse business and organizational backgrounds bring a balance of experience and coaching, while also helping to hold each social enterprise accountable to moving forward.

To report a typo, email: editor@pentictonwesternnews.com.


@PentictonNews
newstips@pentictonwesternnews.com

Like us on Facebook and follow us on Twitter.

Just Posted

Fans sing Canadian anthem after sound system breaks at BMW IBSF World Cup

The Canadians in attendance made sure their team and flag were honoured on the podium

Unlucky Friday the 13th as Penticton Vees fall to Vernon Vipers

The home-and-home series wraps up tonight at the South Okanagan Events Centre

Orchard House is a Rockin’ final time this decade.

The Yard Katz and the Hip Replacements are the starring bands for the Dec. 28 show.

Award-winning musical coming to the South Okanagan

The hit musical Chicago is coming to Penticton for two shows next March

Penticton council approves 2.9 per cent tax increase in 2020 budget

Council will vote in the new budget at an upcoming meeting in the new year

VIDEO: Success of wildlife corridors in Banff National Park has advocates wanting more

Demand for more highway protection escalated after seven elk were killed by a semi-trailer near Canmore

Frosty will have to pay rent to stay on Okanagan sidewalk next Christmas

Vernon Teach and Learn allowed to keep Frosty up, but will need a permit come January 1

Prince George RCMP use bait packages to catch porch pirates over the holidays

First-in-Canada program with Amazon looks to combat parcel theft

WATCH: Fire destroys Big White Ski Resort chalet

Social media eulogies peg the property, nicknamed “The Pharamacy,” as both loved and hated

Conservation officers on the hunt for North Okanagan moose poachers

Officers execute search warrant Friday morning, investigation continues

UPDATE: Highway 1 reopens after vehicle incident near Boston Bar

Initial reports of a jack-knifed semi truck had closed both directions of the highway

Nanaimo mechanical engineer creates thief tracking program

Nanaimo Thief Tracking lets users plot and share information about thefts online

Mayor wants B.C. to institutionalize severely mental ill people who are homeless

Those suffering from mental health conditions, such as schizophrenia, need specialized care, mayor says

Most Read