Resilient Scotland, has invested £350K in ng2, a social enterprise based in North Glasgow.
ng2 directly supports the physical regeneration of North Glasgow; they maintain homes and public spaces, helping to provide quality housing and neighbourhood for local people through their contract with nghomes.
This investment will enable ng2 to build the capacity of the organisation, allowing them to develop new contract opportunities. Increased income from these opportunities, coupled with a more diverse range of contracts will enable them to maximise value for the local community and help develop a greater variety of community regeneration activities.
Over the last three years ng2 has grown its social enterprise business, creating new sustainable jobs to deliver services for the local community by employing local people. Their successful employability programme has supported those faced with barriers to the job market, helping them to access and maintain jobs within their community.
Chris Holloway, Head of Resilient Scotland said: “Our aim is to empower organisations to promote and influence the regeneration of their local area. ng2 plays a key role in the community – not just as an employer or service provider but as a key link to community life. Our investment will not only allow ng2 to improve their financial sustainability – but to continue to be a key player in the regeneration of North Glasgow.”
Resilient Scotland offer large scale investment through Making Enterprise Happen , it is specifically designed to support those organisations who are trying to regenerate their area by making social and economic improvements.
Margaret Thomson, Chairperson of ng2 said: “We are delighted that Resilient Scotland is supporting new community based social enterprises like ng2. With their investment and support, ng2 will be able to grow as a business and increase the range of services it provides for people in North Glasgow”.