Southsea Castle was the venue on Friday 14th October for the launch of a new brand for local social enterprise Parity Trust. Attended by nearly 60 people

from local businesses, councils and not-for-profit enterprises, the Portsmouth Area Regeneration Trust group (previously trading as South Coast Moneyline) officially unveiled their new brand and name.

The breakfast launch included keynote speeches by The Lord Mayor of Portsmouth, Councillor Cheryl Buggy and Nicola Youern, Chief Executive of YOU Trust, as well as CEO Simon Frost. Simon said,

“Parity Trust is a community development financial institution which has the vision, passion, creativity and a clear mission to be an investment partner to support and grow social enterprise across the south of England – and beyond, and support individuals needing access to affordable credit. As well as identifying new products, we are fulfilling the original vision when PART was launched in 2000, through our home improvement loan scheme, providing mortgages to home owners who require financial assistance to make their homes safe, secure and warm.

“In addition to home loans, we are now offering support to new and current social enterprises in the city and beyond; providing finance where it is needed to provide regeneration and potentially transform the lives of individuals in communities.”

* More pictures can be found on our facebook page