Find out how we’re empowering ambitious entrepreneurs to fly.
Dear Friends and Supporters Since the last newsletter, we have all been coping with the impact of Covid-19 and the fall out of the lockdown. Perhaps the first thing to say is that Purple Shoots and most of its borrowers and groups have all survived! With the advent of lockdown, most of the businesses and […]
I know anecdotally that our lending has a much wider impact than just the economic one which arises from creating a new business and getting someone out of the benefits system (using a recognized economic impact tool, the impact is ten times the funds we lend). For example we know that even if a business […]
Introduction: In the rush to rebuild our economy following the damage caused by the Covid 19 lockdown, there is a danger that we will hastily patch up what was there before and follow the same paradigms and economic mantras, in the mistaken belief that this will bring back prosperity and growth. There is a growing […]
We hear a lot about entrepreneurs and the need to be entrepreneurial in Wales, although everyone’s idea of what that actually means is probably a little bit different. The usual suspects admired for their entrepreneurial skills such as Richard Branson or Sheryl Sandberg undoubtedly are entrepreneurs, but I believe that the sort of people Purple […]
The announcement by the Government of its package for the self-employed will undoubtedly be a lifeline for lots of established self-employed people but many of our borrowers won’t be able to benefit. Everyone knows that new businesses are rarely profitable in their early years – and many of ours which are only a couple of […]
Dear Friends, Supporters and Investors. It has been quite a few months since the last newsletter – partly caused by busyness but also because I was waiting for the new branding and website to be finished. which you can see has now happened. The old website had served us well but had become outdated for […]
Purple Shoots is a company limited by guarantee, registered in England and Wales
Registered Company No. 08603690
Registered Charity No. 1155385
Registered Address: 2 Church Street, Pontypridd, CF37 2TH
Authorised and regulated by the Financial Conduct Authority, number 720894
ICO Number: ZA018973