Big Society Capital films showcase HCT Group and Ways to Wellness  

17th December 2015

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).

 

Related News

View all
16th July 2024

Bridges exits community-focused services business Nexgen

In its fourth exit of the year, Bridges is delighted to announce it has agreed to sell the Nexgen Group to Bidvest Noonan, a market-leading provider of facilities services.

Read more
2nd July 2024

Bridges announces leadership evolution ahead of next growth phase

Michele Giddens will now be sole CEO of the firm, with Philip Newborough moving to a new role as Executive Chair.

Read more
27th February 2024

Bridges exits specialist plant-based food supplier Vegetarian Express

We’re delighted to announce our successful exit from Vegetarian Express, the specialist plant-based ingredients supplier, to NVM Private Equity.

Read more
7th February 2024

Landmark £88m forward funding deal for west London co-living scheme

Bridges and HUB have agreed an £88m forward funding deal with Singapore-based CDL to deliver Yardhouse, our co-living scheme in west London.

Read more