LLOYDS Banking Group has agreed a five-year programme of support for the School for Social Entrepreneurs (SSE), which includes a school in Ipswich.

From April, Lloyds will support 100 social entrepreneurs each year in receiving support from the SSE through its learning programme together with grants ranging in value from �4,000 to �25,000.

The scheme is open to social entrepreneurs anywhere in the UK who are addressing a social need or a problem in their community or in wider society.

Paul Turner, Lloyds Banking Group community and sustainable business director, said: “This programme will leave a powerful legacy in communities across the UK.”

Alastair Wilson, chief executive of the SSE, said: “Economic growth and regeneration in the UK will come from people working locally. This partnership will make a real and lasting difference.”

Celia Hodson, chief executive of the Eastern Enterprise Hub, which holds the School for Social Entrepreneurs franchise in the East, also welcomed the partnership.

“It’s not only a fantastic opportunity for budding social entrepreneurs but firmly positions the social enterprise sector as a catalyst for economic growth and positive community cohesion,” she said.