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News and press releases
GDLF jointly
sponsoring Small Business Awards - July 2007
GDLF has agreed to become a Joint Sponsor of the Small Business Awards
in conjunction with GEMBA, Princes Trust, Exceptional Thinking and
Barclays Bank PLC. Applications will shortly be requested for
nominations, or for businesses to put themselves forward, for
consideration under various categories. These will include Best
Business, Overcoming Obstacles, Most Creative Marketing, Standing Out
Award and ‘Life is too short’. These awards are aimed at small
businesses, commonly employing fewer than 20, with a turnover under £1
million.
GDLF receive official CITR
accreditation - June 2007
It has been confirmed that GDLF have received official
accreditation under the tax relief scheme, CITR (Community Investment
Tax Relief). This enables future investors to claim relief up to 5% pa
on money invested in the Fund; full details can be obtained by
contacting us, or by viewing
www.hmrc.gov.uk/specialist/citc_guidance.htm.
Annual CDFA Conference - May
2007
The annual Community Development Finance Association
conference offers a chance for newcomers to the sector to find out about
community development finance and what it can achieve, as well as
offering learning opportunities to existing practitioners. Visit the
Money £or Change website at
www.cdfa.org.uk/conference to view previous conference details, read
associated articles and to see news from this year’s event which was
held in Ashford. The only funding recipient to present to the conference
was one of GDLF’s success stories, Nick Clarke from Off The Rails
Catering Limited, whose case study can be viewed on the
our clients page.
GDLF Success Stories
continue – House of Commons - April 2007
Elley and Piers Flook, of The Tin Men Limited, presented their success
story at the CDFA’s House of Commons event “Access to Finance” in April.
Again, they were the only funding recipients given this platform. Their
case study can be viewed on the our clients
page.
GDLF celebrations - June
2006
GDLF held an event at the University of Gloucestershire on Monday 19
June to celebrate our work and to showcase some of our successful
clients. Presentations were made by Grant Thornton and Barclays Bank plc
amongst others, about how our future funding will work; and visitors
heard ‘from the horse's mouth' how GDLF has helped local companies such
as InkCottage.com, G & S Hydraulic Engineering Services and Prima
Medical in building their business success...more info on the
downloads page.
CDFI sector featured in the
Observer - April 2006
On Sunday 2 April, 2006 the CDFI sector was featured in
two stories in the business section of The Observer. One story commented
on Community Investment Tax Relief (CITR), one of the key initiatives
introduced by Chancellor Gordon Brown to promote social investment. The
second story featured the CDFA 's Honorary President, Sir Ronald Cohen
and looked at how his support has been invaluable in helping to
regenerate some of the poorest parts of Britain. Click below to view
full stories:
Barclays Launches Awards to
Honour Unsung Local Business Heroes - February 2006
The Barclays Trading Places aim to recognise men and
women from all over the UK who have overcome various barriers and
battled against adversity to positively change their lives by setting up
in business. Entries will be judged on how enterprising individuals
have overcome personal challenges and obstacles - such as long-term
unemployment, financial hurdles, physical disabilities, discrimination
and personal tragedy - to set up on their own. The 'Gold' first prize is
£5,000 cash from Barclays, £7,000 worth of directory advertising from
Thomson Local Directories plus £2,000 of consultancy from marketing
communications agency Fox Murphy. A 'Silver' Runner-Up will also
receive £3,000 cash from Barclays, plus £3,000 worth of directory
advertising from Thomson Local Directories and £1,000 free marketing
consultancy from Fox Murphy. Nomination forms are available by calling
the awards hotline on 020 8673 2020 or visiting
www.barclays.co.uk/tradingplaces.
New tax break for investors
- June 2005
BBC's Radio 4 Moneybox recently featured a relatively
new tax break for investors in their community. CITR or Community
Investment Tax Relief can offer corporate or individual investors tax
relief of 25% over 5 years for those investing in CDFIs. This represents
a good financial return as well as a social dividend of benefiting the
communities in which we live and do business. GDLF will be seeking
accreditation for this scheme and hope to start attracting investors in
the coming months. |
