Manor House Development Trust, a community services provider, has been shortlisted for the Growth Champion section of the 2014 RBS SE100 awards.
The Trust, which helps organisations deliver value for money community services allowing communities to lead and determine their own futures, was recognised as a “leading social enterprise” and could win a share of a £30,000 prize after gaining a place on the shortlist.
The annual award, which has been running since 2011, recognises enterprises “who have demonstrated some of the best business practice within the sector, celebrating the growth, impact and ambition.”
Manor House has been shortlisted based on their growth of 118.7 per cent during the 2012-13 financial year, which is 21.7 per cent more than the average on RBS SE100 index.
Manor House was also graded in terms of social impact and achieved a 10/10, which puts them in the top 5.1 per cent of enterprises in this year’s competition as well as ranking them number one in London.
The Trust’s annual turnover has gone from £20,000 in 2008 to a projected £800,000 for this year.
They have also worked to create further ventures, which have generated upwards of £90,000 of free training for local unemployed people.
The Trust’s director, Simon Donovan, said: “Being able to demonstrate our ability to grow year on year and being shortlisted for the Growth Champion award only adds to our credibility and we are sure this will help us develop in the future.”
The winners will be announced at the RBS SE100 Annual Awards on November 24 at the Good Deals social investment conference in London.