Miss Macaroon and finance
Miss Macaroon, set up by social entrepreneur and trained pastry chef Rosie Ginday, is a high-end patisserie with a difference.
Established in Birmingham, the social enterprise business specialises in the baking of French macaroons, which are hand-made by long term unemployed young people, ex-offenders and care leavers aged between 18 and 35.
In March 2016, Miss Macaroon approached BCRS Business Loans, an accredited lender for the British Business Bank’s Enterprise Finance Guarantee programme, after finding it difficult to secure finance from both social and traditional lenders. The reason for the additional finance was two-fold: firstly, to fund an expansion into retail and, secondly, to act as match funding bid for a grant.
Read the full article here: https://www.british-business-bank.co.uk/case-studies/miss-macaroon/