Coventry University Group
KE Deal of the Year Winner: Hope For The Community CIC: Social Enterprise spin-out as catalyst for research excellence with impact and social value in the community
Hope For The Community CIC (H4C) is a social enterprise providing organisations with affordable, face-to-face and digital products and services to empower people to manage their own health and wellbeing.
H4C is a successful showcase of how embedding social innovation in knowledge exchange practices can lead to the creation of sustainable mission driven businesses for a virtuous circle of social value creation. It is Coventry University's first research social enterprise spin-out company arising from a unique collaboration across the Coventry University Group including academics, intellectual property, enterprise and innovation business support specialists and community volunteers.
15,000 people living with or affected by a long-term physical and/or mental health condition have benefited from H4C programmes, reporting feeling less anxious, depressed, stressed and becoming more resilient, grateful and hopeful. Data from H4C interventions are available to Coventry University staff and PhD students for research, thus continuously strengthening the evidence-base of H4C programmes, providing a seal of academic rigour, authenticity and confidence in the efficacy of the programmes.
H4C feeds into the Coventry University Corporate Plan, and will be a case study for the next Research Excellence Framework and supports the Sustainable Development Goals Accord report and Civic Universities agreement.
H4C clients include NHS England, Macmillan Cancer Support, Carers Trust Heart of England, European Commission, Lionheart and Bethany’s Wish. Most recently H4C were named in the NatWest SE100 list 2019, celebrating the growth, impact and resilience of social ventures in the UK – by naming the most impressive 100 social enterprises of the year in the Index.
The knowledge exchange teams at Coventry University Group challenged the traditional University research spin-out models and through H4C highlighted the wider benefits of social enterprise to the University, whilst delivering sustainable social and economic impact.