Bridges Sustainable Growth Fund II
Date of Initial Investment
Ian Blackman - Chairman
Tim Ives - CEO
Alistair Tait - Co-founder and Non-Executive Director
Hadleigh Farrer - Finance & IT Director
Challenge: King’s Lynn, Norfolk, is among the top 15% most underserved areas in the UK, with high rates of unemployment. Around 13% of the working age population have no qualifications, 5% higher than the national average in England. The longer someone is unemployed, the less likely they are to ever return to work. Sustained employment offers individuals greater well-being, improved physical health and better opportunities for their families in the long run.
Investable Solution: With its factories based in King’s Lynn, Sealskinz designs and manufactures patented, high-quality, waterproof and breathable socks and gloves, before selling to retailers in the UK and throughout the world.
Outcomes: Sealskinz is located in one of the most deprived areas of the UK and employs staff locally, with 39 full-time employees and 7 part-time employees staffed from within the vicinity.
Related News & Views
Bridges is proud to be named ‘Best Social Impact Investor’ at the Investment Week Sustainable…Read full article 5th December 2016