On the back of CAN’s recent announcement of a £50million fund, the Minister for Civil Society Rob Wilson visited the headquarters of CAN, the so-called ‘sleeping giant’ of the social sector.
After Chief Executive Andrew Croft announced plans to create a social property fund worth £50m, it became clear to the sector that CAN had emerged after years of quiet hard work as one of the biggest hubs of charities in London, making now an opportune time for the Minister to visit.
Now renting office space to over 150 Third Sector organisations and their 1200 employees, Rob Wilson MP came to visit the most recent building in their property portfolio, CAN Mezzanine in Borough, SE1. Speaking to organisations based in the building: Tech For Trade, Public Concern at Work and UpReach, the Minister was encouraged by the variety of charities and social enterprises that are using CAN’s services, and also by CAN’s 8-year journey from grant-dependency to 99% trading income.
Minister for Civil Society, Rob Wilson said:
“Through the work of organisations like CAN, charities and social enterprises are finding news ways to secure their long-term sources of finance. This is making them stronger, more sustainable and is helping us to build a stronger, more compassionate society”.
The Minister also had the opportunity to meet the first organisation to move into CAN’s new fast-growth initiative, CAN³. The programme, which combines the impact measurement and business advisory expertise of CAN Invest with the dedicated high-quality office space of CAN Mezzanine, aims to scale the growth and impact of organisations on the floor in a faster time than they would without CAN³. UpReach, the first organisation to be accepted onto the fast-growth programme, works to provide underprivileged university students with graduate career opportunities in sought-after businesses.
CAN were very happy to welcome the Minister to CAN Mezzanine and look forward to hearing more of his plans to strengthen the sector.
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