Big Issue Invest

Bristol-based charity that tackles social exclusion receives £40K in funding from Big Issue Invest

The charity’s primary objective is to open opportunities for minority ethnic and other disadvantaged groups and communities in sectors where they are under-represented.

Phoenix Social Enterprise, a charity which aims to tackle social exclusion for disadvantaged groups and minority ethnic communities, has received £40K in investment from Big Issue Invest, the investment arm of Big Issue Group.

Phoenix Social Enterprise (PSE) tackles social exclusion via projects and activities that are of particular benefit to disadvantaged groups and minority ethnic communities, with an emphasis on education, training and employment.

Current projects focus on education services, youth mobility and citizenship rights, as well as providing accessible courses and training for the community. They also serve as a community hub, providing a valuable space for activities, groups and local businesses.

The charity’s primary objective is to open opportunities for minority ethnic and other disadvantaged groups and communities in sectors where they are under-represented.

The funding from Big Issue Invest will help Phoenix Social enterprise to renovate their current premises. It will also help the organisation to update and digitalise their services – including the digitalisation of their current courses, a web revamp, SEO investment to attract more demand and new computers.

Anabel Feria Dominguez, Investment Manager at Big Issue Invest, said: “It is an absolute pleasure to be able to support an important organisation such as Phoenix Social Enterprise. They have achieved so much over the last thirty years, and I cannot wait to see the amazing work they achieve in the next thirty!”

Babs Williams, CEO of Phoenix Social Enterprise, said: “We are incredibly pleased to have secured this investment from Big Issue Invest. It will help us not only update our building but to grow our digital capabilities and in turn reach even more people.”

To find out more about Big Issue Invest, or how your organisation could receive similar support to Phoenix Social Enterprise Ltd, please visit: https://www.bigissue.com/invest/

To find out more about Phoenix Social Enterprise Ltd, visit their website here.

Learn more about our impact

When most people think about the Big Issue, they think of vendors selling the Big Issue magazines on the streets – and we are immensely proud of this. In 2022 alone, we worked with 10% more vendors and these vendors earned £3.76 million in collective income. There is much more to the work we do at the Big Issue Group, our mission is to create innovative solutions through enterprise to unlock opportunity for the 14million people in the UK living in poverty.

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