Recession action plans

Well. It had been a busy week or ten days already, before today's announcement that SSE would be receiving a £500,000 investment as part of OTS's third sector recession action plan. Needless to say, we're delighted to get such a substantial boost in replicating our work across the country, and increasing markedly the numbers of potential and fledgling social entrepreneurs we can support. Which is all the more important in a climate where job creation and meeting social needs are two paramount concerns.

More coverage of the announcement can be found via our bookmarks. I've just got off the air on BBC London, and imagine there will be more coverage of the sector with a David Cameron / Liam Byrne double whammy to come at Voice 09 tomorrow and Wednesday (see below).

Us aside, it appears to be a well-targeted package of support for the sector, and I think the support for mental health and family support will be particularly welcome to organisations operating on the frontline. And, as predicted in our 10 social entrepreneurship trends for 2009, resilience and mergers (nos. 1 & 2) feature highly. I'd like to think that, as the minister said at the launch this afternoon, the investment in SSE will at least in part represent number 3, Bang for Buck.

Much other news to be blogged, which I will try and catch up on on the train up to Voice 09. If you're there, come and say hello at the SSE igloo, which will be manned by a marvellous mix of Liverpudlians and Londoners.

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