A SEARCH to find the most promising social enterprises is being rolled out nationally after a successful pilot in the North East.
Prize money of £285,000 will be split among nine not-for-profit businesses in the region by Santander’s Social Enterprise Development Awards.
After last year’s success, the judges are looking to hand out prizes of £50,000, £30,000 or £15,000 depending on each winner’s turnover.
Craig Iley, Santander regional director, said: “The SEDA Awards are part of Santander’s commitment to supporting small businesses in the UK, helping to support economic development across the country.”
The awards are targeted at groups that support disadvantaged people, improve social inclusion, or creat a greener environment. Full details at www.santanderseda.co.uk.