Big Society Capital films showcase HCT Group and Ways to Wellness
Big Society Capital has created two short films highlighting the impact being made by two social sector organisations that have benefited from Bridges’ investment. HCT Group, a social enterprise bus operator that uses its profits to provide community transport services and training, raised a pioneering £4m round of investment from a group of social investors […]
Big Society Capital has created two short films highlighting the impact being made by two social sector organisations that have benefited from Bridges’ investment.
HCT Group, a social enterprise bus operator that uses its profits to provide community transport services and training, raised a pioneering £4m round of investment from a group of social investors led by Bridges in 2010. Having exceeded all its growth and social impact targets under our ownership, HCT was able to raise a second round of social investment this year – thus providing a successful exit for Bridges and the original group of social investors.
See how HCT is transforming the lives of thousands of vulnerable people.
Ways to Wellness is a programme designed to help people living in the Newcastle West area better manage their long-term health conditions. Financed via a social impact bond – funded by the Bridges Social Impact Bond Fund – Ways to Wellness aims to complement primary medical care by giving patients more confidence to manage their conditions and make positive lifestyle choices. Patients are helped through a range of community-based activities, including getting more active and learning to eat more healthily. Its aim is to reach 11,000 people over the next seven years.
This video shows off some of the pioneering work that Ways to Wellness is doing (and explains how social impact bonds have made this possible).