Archbishop backs new Portsmouth innovation centre

Mutiny Festival brought over �2m to the local economy Picture: Paul Windsor

Mutiny Festival brings £2.7m into Portsmouth economy

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AN INNOVATION centre’s involvement in business awards in Portsmouth has been given holy approval by the Archbishop of Canterbury.

Archbishop Justin Welby has backed the Cathedral Innovation Centre’s leading of the Faith in Enterprise awards, a fund of £200,000.

The awards will help entrepreneurs set up new businesses with a series of micro-loans from the fund.

As reported, The CIC, a ground-breaking social enterprise, was officially launched by Baroness Elizabeth Berridge and Fareham MP and employment minister Mark Hoban.

It works with the RSA, Portsmouth Business School, Elevation Networks and Faith Action to give new firms a place to operate in the city at Cathedral House.

Archbishop Welby said: ‘I’m convinced that there is much more that can be done by religious and civil society organisations working together to enrich our communal life.’

The cash is for those aged 18 to 30 and closes March 13, 2014.