Business Plan 2024

A brief summary of our business plan for 2024 to help visitors, clients and investors understand the context and background of our business. Pinkspiration has ambitions for growth. Pinkspiration CIC is now one of the organisations championing women and girls. Lobbying government, business and partners to approach their work differently and be more diverse, creating opportunities for everyone. 

​

Pinkspiration aims to inspire young people and transform communities. Our business was founded in July 2011 and offers skills based training to gain on site experience increasing knowledge to progress into industry, regenerating some of the 380,000 empty spaces and empty shops across the United Kingdom. Our team now provides mentoring, coaching and workshops to inspire women/ girls and build confidence to help them achieve their dreams. Supporting women into industry, women and motorsports. Working with Welsh Government and UK Government to champion investment and projects that support women/girls to get ahead. 

 

In 2023 - 2024

• Trained and Up skilled young people, women and girls- Mainly online and face to face.

• Delivering 30 workshops online and face-face

• Worked on 15 events including ‘A Female Entrepreneur Chat’ supported by Ogi 

• 400 Community members, young people, women and girls supported and engaged.

• 20 Start Up businesses mentored 

• Transformed 2 empty spaces ' Pinkspiration Fashion Event' 

• Launching our Women in Construction Network 

• Promoting and Championing Women into Construction, industry and business reaching 6 million online.

• Our dedicated team of volunteers continue to strive towards championing Women into Construction, Industry and Business.

 

 

Our business trains and up skills young people, women and girls. Since launch up skilled more than 12,000 young people and community members. Re-building and transforming 100 empty spaces and empty shops. Starting in 2011 and in 2023 we opened up our first office location in Cardiff with office space and training facilities. It has seen a huge amount success with 1000 visitors last year, but had few financial challenges such as winning new contracts and new investors. Our team are dedicated to the success of Pinkspiration CIC in 2024 to win new contracts, win new projects and continue our growth.

 

Operation

 

Pinkspiration is a CIC Limited by shares under asset lock to the Women’s Engineering Society. In May 2023 opened and transformed an office in Cardiff, Grangetown and refurbished training offices upstairs and commercial site down stairs. We received an investment from Natwest Bank and refurbished the offices with a team of 8 volunteers from the local community. We invested around £50,000 into our brand new venue.

 

Staff 

There is a small team of un paid directors and a team of 5 volunteers. Pinkspiration is run with a team of dedicated volunteers since before lock down as funding was completely cut. 

 

Need 

 

During lock down and covid many young people and women, girls have been badly affected by lack of access to finance, slipping through the net, lack of training and up skilling opportunities. There is a clear need to support young people, women and girls. Especially as Chwarae Teg close their door, we feel its more important to deliver workshops that support local people and create opportunities that leave a legacy.

 

We have around 50 visitors a week at present and since opening our new venue around 1000 visitors since May. This shows a strong demand for the workshops, events and mentoring delivered. Our business would like to work with Grangetown Community Centre and other local charities and groups. 

 

Projects

 

Women into Construction, Industry and Business Network

 

A network with young people and employers to create on site and industry placements. A quarterly network event in fun places to build employment links, build confidence and skills. Engaging with like minded people to create opportunities for the next generation. 

 

Mentor young women/girls to get ahead and to achieve their goals and aspirations. Over the last 6 months there have been around 100 women involved and engaged. This helps to leave a lasting legacy in our community. 

 

Workshops & Training 

• Photoshoots to build confidence

• Workshops

• Mentoring

• Events  including ‘Female Entrepreneur Chat’

 

Transforming Spaces

 

Re-building empty spaces and empty shops whilst training and up skilling young people and community members. 

 

Marketing & Social Media

Our online presence is strong, trending regularly and in the process of updating our website with new content. Our content will be shared via our website and new Facebook page will be set up. During lock down my social media account was hacked. During lock down a lot of our activities moved to online and supported us to reach a global market including Middle East, America and China. 

 

• Reached 2 million through BBC iplayer ‘ Fast & Furious’ 

• Featured in Cardiff Life Magazine & Vale Life Magazine 

• Worked with Channel 5 ‘Rich House Poor House- 12th of November Live ' My 5'

 

Financial Information

 

We are in the process of seeking new sponsors and investors to work in partnership to accelerate our growth over the next few years. Attracting and winning new contracts is a vital part of our sustainability and future growth. 

 

 We have approached Angel Investors Wales for opportunities to invest in our scale up our business and growth plans to become a leader with encouraging diversity in male dominated industries.

 

Despite these challenges our team has an ambition for growth. We have reduced our assets and liabilities for future proofing.

 

As a business we need to introduce paid roles into the business. Our ambition is to grow and continue to offer a good level of community service, workshops and mentoring for young people and community members. 

 

Winning small scale contracts would help to deliver our next project. Our aim is to work with Big Lottery Fund and local colleges to deliver a larger scale programme to support Women into Construction, industry, business and motorsport. 

 

Sustainability

 

Our model has been simplified to ensure our overheads are low, the only main cost is our new venue. We are experiencing slow growth.

 

Partnerships

 

We welcome the opportunity to work with businesses to support our growth and work on projects that boost diversity in industry.