MillRace IT

SROI Social Firm case studies: MillRace IT and Pack-IT

In 2005 Social Firms UK and NEF worked together to carry out two SROI case studies on Social Firms, with phenomenal results:

Pack-IT in Cardiff (that has employees with learning disabilities) The projected SROI ratio for Pack-IT is 1.9:1. Thus, for every £1 invested, £1.90 of social value is created for each year for society in terms of reduced welfare costs and increased local purchasing. Although availability of comparable data for other Social Firms is limited, any return greater than 1:1 is a good result and argues for further investment. Read the full case study here for Pack-IT's SROI.

Publication Details
Author: 
New Economics Foundation
2005

Social Firm, MillRace IT, among partners awarded £428,141 by Big Lottery to support 'Silver Surfers'

Full member of Social Firms UK.  Social Firm, MillRace IT, is among several partners in the “Essex UnITe” project that has   been awarded a grant of £428,141 by Big Lottery’s “Reaching Communities” programme.   Essex UnITe aims to introduce computers and the internet to older people across Essex through community workshops, and to deliver training to people in supported and sheltered accommodation.