The Social Business Trust (SBT) has welcomed Hestia into its portfolio of charities and social enterprises. The partnership will provide a combination of professional expertise and funding, supporting sustainable growth so we can meet the increasing demand for our services.   

“This long-term partnership with SBT will have a transformative effect on Hestia’s ability to provide support for those in greatest need across the capital. We know the ongoing cost-of-living crisis is making life incredibly difficult for many Londoners." - Patrick Ryan, Hestia Chief Executive

Joanne Hay, SBT Chief Executive, said: “Hestia is providing services to a growing number of people who are facing horrific challenges. Increasing numbers of adults and children are fleeing abusive homes, battling mental ill-health or addiction, or escaping from the grip of modern slavery. SBT, along with our corporate partners, are proud to be working with Hestia as they bring security and hope to the lives of people in times of crisis.” 

 

Patrick Ryan, Hestia Chief Executive, said: “This long-term partnership with SBT will have a transformative effect on Hestia’s ability to provide support for those in greatest need across the capital. We know the ongoing cost-of-living crisis is making life incredibly difficult for many Londoners. The combination of professional support and an investment grant that SBT offers will enable us to develop a comprehensive strategy for the next few years, with a focus on more effectively demonstrating impact, as well as broadening and deepening that impact going forward.”

 

Over the initial stage of the partnership, professional support and funding worth over £1 million will be provided to Hestia. Staff and executives from four SBT corporate partners will be volunteering their expertise and skills. Initially, Hestia will receive support in the areas of digital transformation, major strategy work, and legal support.  

 

John Connolly, SBT Investment Director at Hestia and retired Partner at Clifford Chance, said: “The partnership with SBT will give Hestia with the additional support it needs to develop its digital systems and to plan and implement its future strategy. Having access to knowhow and support from SBT’s partners will be invaluable as Hestia continues to grow its services and enhance outcomes for the individuals it serves in and around London. It’s great to be working with Patrick and the Hestia team on this vital work.” 

 

This partnership and package of support from SBT comes on the back of ongoing collaboration between Hestia and SBT’s corporate partners via SBT’s Digital Impact Fund that’s helping Hestia grow its crucial online support for victims of domestic abuse.