The Conservatoire Reweighs Social Business Model

The Conservatoire in Blackheath was confronted with crippling debts, resulting to closure in 2012.

The debts drove the Conservatoire to go over its social mission and business model. The Conservatoire is now geared not only to make a profit but to rise up the scale of its social impact. A "Save the Conservatoire" crowdfunding campaign was launched to salvage London's oldest multi-arts institution.

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The Charities Aid Foundation has set up a scheme, called the Social Enterprise Assist, that will render interest-free loans of up to £10,000 each to help social enterprise start-ups.

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