Show me the numbers… of success

We've been knee-deep in numbers at SSE this week; whether it's discussing social investment with all and sundry, measuring social impact, or powering through "spreadsheets of death". More exciting numbers about some of our Fellows and students this week are below:

- Ros Spearing, whose Ebony Horse Club has got a £600,000 grant from Sport England towards their riding centre in Brixton (follow them on Facebook)

– Dave Miller, co-founder of Bikeworks, which is opening Bikeworks West next week; their no. 2 branch to follow the award-winning hub in East London, which will deliver similar services to thousands across west London; see their media page for more info

– Junior Smart, founder of the SOS Gangs Project who is holding the SOS Awards event tonight to recognise the achievements of his team and the clients who have turned their lives around. Of the clients they work with, only 12% reoffend (against a national rate of 75%)

– Jack Harrison, current SSE London student, has won an award from Arthur Guinness/UnLtd to support his work at Carousel Futbal on the Calthorpe Project in Kings Cross. Up to £15,000 towards his excellent work.

Congrats to all: payment + results is where it's at. Breaking the 3000 follower threshold on Twitter, and 300 on our Facebook Page doesn't seem quite as impressive…. :0)

2 thoughts on “Show me the numbers… of success”

The numbers I am primarily interested in – cost per start up,(S)ROI per start up per annum, and survival rates at 12, 24 and 36 months.
Might they be published?

Thanks Mike – the best place to find these figures is chapter 11 of the last evaluation (which we published fully + publically and is still downloadable: http://www.sse.org.uk/_uploads/File/SSE%20Report%20041206.pdf). It features unit cost, survival rates (compared to govt. stats) and starts to look at the full financial and social return on that investment (of which survival rates are obviously only one metric).
It’s timely because, as mentioned above, we are currently engaged on doing the follow-up to the NEF report, which will look more closely at a full economic analysis of the impact of our work, and take attribution more fully into account. This will be published publicly and available before the end of the year. While it won’t boil that entire impact down to one ratio figure (a la SROI), it should give a much fuller picture of the return which, like you, we want to know.
Thanks for your continued interest.

Mike Chitty on September 24, 2010 at 6:47 am said:

The numbers I am primarily interested in – cost per start up,(S)ROI per start up per annum, and survival rates at 12, 24 and 36 months.
Might they be published?
Nick Temple on September 24, 2010 at 1:38 pm said:

Thanks Mike – the best place to find these figures is chapter 11 of the last evaluation (which we published fully + publically and is still downloadable: http://www.sse.org.uk/_uploads/File/SSE%20Report%20041206.pdf). It features unit cost, survival rates (compared to govt. stats) and starts to look at the full financial and social return on that investment (of which survival rates are obviously only one metric).
It’s timely because, as mentioned above, we are currently engaged on doing the follow-up to the NEF report, which will look more closely at a full economic analysis of the impact of our work, and take attribution more fully into account. This will be published publicly and available before the end of the year. While it won’t boil that entire impact down to one ratio figure (a la SROI), it should give a much fuller picture of the return which, like you, we want to know.
Thanks for your continued interest.