Executive Summary Social Value Business (SVB), in partnership with the Social Value Quality Mark CIC (SVQM), have undertaken an independent review, evaluation and verification of the Social Value created, influenced, and delivered by IN4 Group within Salford and the North West during 2021. IN4 Group is passionate about making technology accessible and applicable to all, while delivering in-depth impact and value for its stakeholders and the Salford economy. Its three core values underpin this: 1. Humanising technology and instilling optimism with our people- centred approach by thinking about citizens, not users. 2. Culture - redefine start up culture by supporting wellbeing, inspiring each other, and putting the team before the product. 3. Belonging - create a sense of belonging by creating an inclusive community with shared values. SVB has adopted the UK widely recognised social accounting methodologies, Social Return on Investment (SROI) and Local-Multiplier (LM3), to map to account for value fully.
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This report aligns with the principles and standards set out by the Social Value Quality Mark and its Level 2 criteria. SVQM have independently reviewed the evidence and conclusions drawn within this report, and it has been awarded the Level 2 Award. IN4 Group joins many illustrious organisations to achieve this accolade. IN4 Group delivers £4.6m of value annually, with an SROI ratio of £1 invested into delivering services and support; there is a forecasted £4.69 return on the investment achieved through the delivery of 20 identified outcomes. Furthermore, £1,050,480 of value is delivered and retained within Salford. This value has been broken down and assigned to key areas of a thriving community. Health and Wellbeing Education and Skills Employment and Volunteering Economic TOTAL VALUE
Social and Community £146,519.16
£1,030,802.36 £1,353,803
£974,308
£1,114,515.70 £4,619,949.67
Social and Local Value 2022 | 3
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