Wednesday, April 18, 2012

Bristol-based social enterprise Frank Water wins �15k Santander award

A Bristol social enterprise which sells reusable drinking bottles at UK music festivals has been awarded �15,000 through Santander's Social Enterprise Development Awards.

Frank Water, based in Montpelier, also provides a free bottle refilling service at festivals and events to help reduce waste. It donates 100 per cent of the profits generated from its sales to provide clean water projects overseas. The award from Santander will help the business purchase new equipment to allow them to offer their service at more events, and employ a coordinator to manage their festival programmes. Julian Alexander, regional director of Santander Corporate Banking, said: "FRANK Water was recognised by the judging panel due to its compelling business model and the potential for it to expand across the UK. "With our funding they will be able to increase sales which in turn will allow them to save more lives in developing countries." Since 2005 FRANK Water has been funding clean water projects across India and has piloted a school water project in Ghana.� Each project costs between �5,000 to �8,000 and provides safe drinking water for up to 6,000 people living below the poverty line in the surrounding communities.� Just one litre of FRANK Water sold in the UK funds 200 litres of clean water in India or Ghana. Katie Alcott, Director at FRANK Water, added that the awards would give the business the financial boost it needed to help it grow. She said: "We have so far funded 70 projects reaching over 400,000 people and aim to extend this in many more communities throughout the world." Natureworks Training based in Iron Acton, South Gloucestershire, was also awarded �15,000 through Santander's Social Enterprise Development Awards, while Somerset Wood Recycling in Weston-super-Mare received �50,000.�

Bristol-based social enterprise Frank Water wins �15k Santander award

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