Scale Up Programme Grant
"I am incredibly fortunate to have learned from the fantastic team as part of the Social Entrepreneurs Programme and working with other entrepreneurs has been so valuable to both my own development and to The Bike Project."
In addition to the standard grant, each of our Scale Up entrepreneurs is given the opportunity to win a further £10,000 and the title of Social Entrepreneur of the Year.
Camberwell-based entrepreneur Jem Stein of the Bike Project was the winner of the 2015 award following a public vote from a shortlist of five finalists, who came from a broad range of entrepreneurial backgrounds – from a sustainable food enterprise to a project helping those released from prison.
All five were from the 2014/15 cohort of the Lloyds Bank Social Entrepreneurs Programme. Jem’s involvement began when he joined the Start Up programme to get his project up and running. After graduating he joined Scale Up and gained £15,000 in funding and a mentor to help develop his enterprise as well as vital training. Jem has also been named as an official supplier for bike maintenance to Lloyds Bank.
Having mentored a refugee whilst at university, Jem was inspired in 2013 to provide second-hand bikes to refugees in and around London, providing essential access to free transport in the city and giving them improved accessibility to healthcare, education and social activities. Additionally The Bike Project offers an inclusive and supportive community for refugees to learn new skills through active workshops.
In winning the award, Jem received the grand prize of £10,000 to help develop The Bike Project. Nick Green, owner of Incredible Farm, took home £6,000 after finishing second in the public vote and Michelle King from Little Miracles took home £4,000 after being named third.
Alastair Wilson, CEO of the School for Social Entrepreneurs, said “I am thrilled that Jem has been named the Lloyds Bank Social Entrepreneur of the Year 2015. We have seen his idea grow from a concept into this amazing organisation that has given bikes to over 1,000 refugees. I’m excited to see how winning this Award will help the project grow further.”
The Lloyds Bank Social Entrepreneurs Programme, delivered in partnership with the School for Social Entrepreneurs, launched in April 2012 and provides both financial support and comprehensive learning support including a business mentoring scheme. The programme is designed to support social entrepreneurs in communities and, through them, help stimulate economic growth and regeneration across the country.
Scale Up Programme Grant
Skills & Development
Days of Structured Learning
Lloyds Bank Mentor