Charity currently helps over 11,000 people
Leading social care charity Enable is to invest £1.5 million in its services following funding from Social Investment Scotland (SIS).
The charity works across three services - Enable Cares, Enable Works and Enable Communities – and will extend these to 2,000 more people with the investment.
Enable currently helps over 11,000 people with additional support needs to live independently in their own local communities.
It has doubled in size and increased over the last seven years with income growing from £30 million to £60 million.
The funds are part of SIS’s targeted £8.5 million Community Sustainability Support Package, which was launched late last year to support Scotland’s social enterprise and third sector through challenging times.
Funding is designed to help with a range of financial requirements including short-term cash flow, large scale projects to increase energy efficiency, initiatives to reduce costs and the development of new income streams.
Beneficiaries of the fund also have access to an online support programme with industry experts offering advice and guidance to social enterprises, charities and businesses through the cost-of-living crisis.
Katie McVey, director of strategy and development at Enable, said: “With not-for-profit providers having limited options for investment, the opportunity for this loan came at the perfect time. It offers added stability, allowing us to deliver even more vital services to support more people to live independently in the community.
"Social care remains a complex environment to operate in, but the quality of what Enable offers is reflected in the sustained demand for our services. This funding is a welcome boost and allows us to continue our growth journey, working with new partners to help increase our impact across the country.”
Chris Jamieson, head of investment at Social Investment Scotland, added: “Enable is a fantastic organisation operating at a national scale, but current financial pressures have impacted its ability to build resilience and continue to grow.
"This is exactly the kind of challenge that the Community Sustainability Support Package was set up to address. Extra funding now puts Enable on the front foot and the charity is in a better place to conquer the ongoing challenges the social care sector faces.”
