29th July 2016

Local Councillor Welcomes Capital Fund Loan For Older People

Bridge of Allan and Dunblane SNP Councillor Graham Houston has welcomed £40,000 of loan fund to a local organisation working with older people and people with dementia.

Creating Conversations is a new social enterprise, established by Artlink and based in the Stirling University Innovation Park. Artlink seeks to engage artists with disadvantaged groups such as the local Gardening Activity Kit for older people that is easily delivered to care homes.

The investment loan, granted by Asda, came as a result of funds raised through the carrier bag charge. This £40,000 investment will help Creating Conversations with the start-up costs of launching the new product, including stock and marketing.

Commenting, Councillor Houston said:

“Providing stimulating and engaging activities for older people is hugely important in supporting both mental and physical health and this investment loan from Asda will be a real shot in the arm for Artlink in assisting with the start-up of their new social enterprise, based in my ward. 

“With the Asda Community Capital fund, new social enterprises are able to apply for investment between £10,000 and £50,000 and any money raised through interest is re-invested back into communities and other small social enterprises.

“Social enterprises across Scotland have benefitted from over £300,000 of investment through this  scheme and I am delighted that Creating Conversations has received the financial assistance needed for start-up. 

“I would thoroughly recommend people donating what they can to funding dementia kits through the Creating Conversations Crowdfunder page – found via the Artlink website – this is a very worthwhile cause and will bring great positive and engaging activities to disadvantaged people.”