UNIQUE VISITORS TO ELSBC’S WEBSITENEW ENTREPRENEURS
ATTENDED BUSINESS TRAININGCOURSES
TOTAL FINANCE RAISEDELSBC LOANS AGREED
ELSBC LOANS AGREED
As well as lending to new and existing businesses from our loan funds, EastLondon Small Business Centre also
helped businesses access nance from
external funders. Without ELSBC’s support these businesses would have been unable to raise the
OUR YEAR SUMMARISED /
OCTOBER 2010 - SEPTEMBER 2011
NEW JOBS CREATEDNEW BUSINESS START-UPS
OF WEBSITE VISITORS WANTED TOSTART A BUSINESS
Despite a challenging year, East London SmallBusiness Centre has continued to deliver andprovide support to existing businesses andnew start-ups in extremely testing economicconditions.The decline in public sector funding has only increased our determination and passion inhelping and supporting entrepreneurs to thriveand grow.
Good relationships are benecial in so
many ways, and we are proud of the strongpartnerships we have sustained with privatesector organisations over so many years.The private sector ‘Man Group CharitableTrust’, stepped in to fund and support our work with new start-ups, when funding ceased.Deutsche Bank continued their long standingsupport for our work and loan funding, andthis year it is wonderful to be able to celebrate25 years of working together with Lloyd’sCommunity Programme, who have mostgenerously sponsored this Annual Review,and made a contribution of £25,000 into theLloyd’s Loan Fund, to enable us to supportand increase lending to small and start-up
businesses starved of nance.
There are not enough ways to say ‘Thank- you’ to the private sector, who support ourpassion to continue to make an impact on thecommunities we work with across east London, which continues to enhance and change thelives of many of our clients. Against a backdrop of change, we are takingpositive action and continue to explore new innovative and creative funding opportunities,to enable us to provide continuing supportto our clients in setting them on the path toestablishing healthy successful businesses.Thank you to a wonderful group of people who ‘make it all happen’ at ELSBC, and thank you to all our sponsors and funders for theircontinued energy, faith and support in helpingus achieve our mission and purpose.Pauline BarnettChief Executive, ELSBC
CHIEF EXECUTIVE’S OVERVIEW /
THE DECLINE IN PUBLICSECTOR FUNDING HASONLY INCREASED OURDETERMINATION ANDPASSION IN HELPINGAND SUPPORTINGENTREPRENEURS TOTHRIVE AND GROW.