Big Issue Invest

How Big Issue Invest is funding improved mental health services in East Anglia

With the support of Big Issue Invest, MTCIC was able to support an extra 607 people this year.

Across the UK, one in six people will suffer from a mental health condition every week.

With the support of Big Issue Invest, MTCIC was able to support an extra 607 people this year.

MTCIC is a social enterprise working in mental health and wellbeing. It provides low-cost psychological therapies to the people of East Anglia to improve their overall mental wellbeing.

Watch MTCIC’s story below.

MTCIC, Bury St. Edmonds, counseling session: “Is your is your mood okay at the moment? You’re not feeling suicidal?”

Subject: “No, I’m not feeling suicidal. I just get really tired and feel quite nervous.”

Sue Jay, Managing Director, MTCIC: “We provide psychological therapies across East Anglia to people that are on low income and need extra help which isn’t provided through the NHS. I’m Sue Jay, and I’m the Managing Director at MTCIC. We’re a social enterprise founded in 2011. The reason we went for investment is we’d outgrown the service offices we were in. We’d kept on adding and adding offices and we got to a stage where it was so expensive it was going to be cheaper to find somewhere of our own.

I’d heard of Big Issue [Invest]. I knew what they did as an organisation and knew they were sympathetic to mental health. We borrowed £50,000 over 5 years. It was at 8% which was a very competitive rate at the time, and also it was unsecured so it meant the Directors didn’t have to take on that financial risk. I think the biggest challenges at the early stages was all of the preparation that you need to do before you even think about your social investment. You need to make sure that you can repay the loans, and that it doesn’t put the company at risk.

Our services extend from people of all ages, from 7 year olds to 90 years plus. And this investment has enabled us to bring this service into their own homes if they needed it through face to face telephone or Skype. The actual outgoings are cheaper here than they were in serviced offices. So it’s been saving to move, and that saving we used to repay the loan.

Natalia, why did you decide to invest in us?”

Natalia Fernandez, Regional Investment Manager, Big Issue Invest: “Looking at your trading history really helped me to make a decision knowing that you’d be able to take on repayable finance. The risk that you took really worked out for you because you’ve been able to scale up the business, you’ve been able to scale up your employees and you’ve been able to have a much greater social impact.”

Sue: “I was expecting a faceless organisation to deal with. Instead I had you, which was marvelous. It’s more than just the lending. It’s supportive and the relationship gives such added value. If you get your ducks in a row and you can afford it, it’s been the best thing for this company. It’s really made a difference.”

Support your local Big Issue vendor

If you can’t get to your local vendor every week, subscribing directly to them online is the best way to support your vendor. Your chosen vendor will receive 50% of the profit from each copy and the rest is invested back into our work to create opportunities for people affected by poverty.
Vendor martin Hawes

Recommended for you

View all
The urgent need for social investment to end poverty in the UK
Big Issue Invest

The urgent need for social investment to end poverty in the UK

Big Issue Invest takes Social Impact Investment to the House of Lords with pension and insurance providers
Big Issue Invest

Big Issue Invest takes Social Impact Investment to the House of Lords with pension and insurance providers

Living in Fitness Receives £55,000 Investment from Growth Impact Fund to Enhance Well-being for Older Adults
Press Release

Living in Fitness Receives £55,000 Investment from Growth Impact Fund to Enhance Well-being for Older Adults

Investors call for the next government to unlock private investment to drive growth and reduce poverty
a sapling sprouts out of a glass full of coins
Press Release

Investors call for the next government to unlock private investment to drive growth and reduce poverty

Most Popular

Read All
Renters pay their landlords' buy-to-let mortgages, so they should get a share of the profits
Renters: A mortgage lender's window advertising buy-to-let products
1.

Renters pay their landlords' buy-to-let mortgages, so they should get a share of the profits

Exclusive: Disabled people are 'set up to fail' by the DWP in target-driven disability benefits system, whistleblowers reveal
Pound coins on a piece of paper with disability living allowancve
2.

Exclusive: Disabled people are 'set up to fail' by the DWP in target-driven disability benefits system, whistleblowers reveal

Cost of living payment 2024: Where to get help now the scheme is over
next dwp cost of living payment 2023
3.

Cost of living payment 2024: Where to get help now the scheme is over

Strike dates 2023: From train drivers to NHS doctors, here are the dates to know
4.

Strike dates 2023: From train drivers to NHS doctors, here are the dates to know

Support our vendors with a subscription

For each subscription to the magazine, we’ll provide a vendor with a reusable water bottle, making it easier for them to access cold water on hot days.