News By Wire

Charity sports day raises more than £2,000

A charity sports day organised by business loan provider BCRS Business Loans and Kendall Wadley LLP has raised more than £2,000 for the Severn Freewheelers blood bike charity.

More than 80 people from 13 businesses and organisations across the West Midlands attended the event, which took place on 27th July at Nunnery Wood Sports Complex in Spetchley Road, Worcester.

Competing in teams of six, attendees enjoyed a fun afternoon of classic sports day races including an egg and spoon race, tug of war and “welly wanging”, as well as a big group Zumba session. Each team donated £60 to take part in the event and Barclays matched donations up to £1000.

Angie Preece, Senior Business Development Manager at BCRS Business Loans and the organiser of the event, said: “This year’s sports day event was a huge success. Not only was it great fun, but it was an excellent opportunity for businesses to network with others in the region.

“The Severn Freewheelers Emergency Voluntary Service does some incredibly important lifesaving work, so we are really pleased that our fundraising is able to support them.

“Thank you to our event co-host Kendall Wadley LLP, who helped organise the day. We are thrilled with the support that local companies have shown for our event and hope to see them again next year.”

Severn Freewheelers Emergency Voluntary Service is a blood bike charity based in the Severn Valley in western England. A group of advanced motorists provide a free out-of-hours courier service to transport blood and essential medical items between NHS facilities in Herefordshire, Worcestershire, Gloucestershire and north Wiltshire.

Organisations that took part in the sports day were: BLB Advisory, Clay GBP, Crowe, Currie Young Insolvency & Restructuring, Handelsbanken, Harrison Clark Rickerbys Ltd, Higgs LLP, Kendall Wadley LLP, Leonard Curtis, Sinclair Day Accountancy, Thursfields Solicitors and Worcestershire Growth Hub.

Regional alternative lender BCRS Business Loans specialises in funding for businesses that are struggling to access finance from traditional lenders.

As a community development financial institution (CDFI), BCRS offers loans between £10,000 and £150,000 to businesses making a positive contribution to the social, environmental or economic wellbeing of the West Midlands to support their growth and recovery plans.

Since BCRS was founded in 2002, it has provided loans worth more than £80 million to businesses across the West Midlands region.

Press release information

Date:

Image File:

 
BCRS charity sports day at Nunnery Wood Sports Complex in Worcester

Area / Region:

Notes to editors

Visit www.bcrs.org.uk to discover more about their work. Notes to editors About BCRS Business Loans BCRS Business Loans is a co-operative run on a non-profit basis. It is owned and run by its Member Investors who elect representatives to the Board of Directors at each Annual General meeting. Established in 2002, BCRS is committed to lending to viable businesses in the West Midlands that have been unable to secure funding through mainstream lenders. As a Community Development Financial Institution its purpose is to provide access to finance to enable local businesses to grow and prosper. BCRS offers loans to businesses making a positive contribution to the social, environmental or economic wellbeing of the West Midlands. BCRS Business Loans is a delivery partner for the Midlands Engine Investment Fund (MEIF) and as such is responsible for distributing the £19 million small business loan fund in the West Midlands. The Midlands Engine Investment Fund is operated by British Business Financial Services Limited, wholly owned by British Business Bank, and is supported by the European Regional Development Fund, the European Investment Bank, the Department for Business, Energy and Industrial Strategy and British Business Finance Limited, a British Business Bank group company. BCRS Business Loans also delivers a fund worth £8.5 million from the Community Investment Enterprise Fund (CIEF), which was established by social investment champion Big Society Capital and managed by Social Investment Scotland (SIS). This has been match-funded by Triodos Bank UK, one of Europe’s leading sustainable banks, to create a total fund of £17 million. In addition, BCRS receives funding from the European Regional Development Fund and Regional Growth Fund. This Regional Growth Fund programme is provided through Responsible Finance (formally known as the Community Development Finance Association) – www.responsiblefinance.org.uk. It provides loans to small, micro and social enterprises through the community finance sector. £30million of funding is provided by the Government’s Regional Growth Fund, matched with a further £30 million by the Co-operative Bank and Unity Trust Bank. Over £12 million of this was allocated to BCRS to lend across the West Midlands. Responsible Finance is the trade association for the responsible finance industry that provide finance and support to help enterprises and individuals develop and create wealth including support to disadvantaged communities.

Media contact

Media contact name:

clare Knowles

Media contact business / organisation:

Osborn Communications

Media contact telephone:

07309580431

Media contact email:

All done!
Thank you for subscribing.

Email Subscription