Monwel Signs is officially launched
Yesterday saw the official launch of a new social enterprise, Monwel Signs Ltd. Paul Ashman from the Centre’s Social Enterprise Support project was there:
“On a cold November morning in a large industrial unit near Ebbw Vale a small engineering company is officially born…
Monwel Signs Ltd was officially launched yesterday by Mrs Edwina Hart, Welsh Government Minister for Enterprise, Science and Transport. The company used to be a section of Blaenau Gwent Council but it has now become a stand-alone Social Enterprise providing real employment to people with disabilities and those furthest from the work force. Its birth has not been quick or simple and much work has obviously taken place to make it happen. This isn’t the product of one organisation’s assistance, but rather a collaboration and partnership between a number of like-minded support services.
Unity Trust Bank have authorised a large overdraft facility to allow the cash to keep flowing; Social Firms Wales have project managed the transition from Local Authority ownership to Social Enterprise; and the Wales Co-operative Centre has supported the business and financial planning process, set up the legal systems and trained the board on their roles and responsibilities.
During the launch, a film was shown highlighting the work that Monwel does, from producing road and commercial signage to light engineering and spray painting. The film also showed the people who work for Monwel, including a fabricator who has been there for forty years and a new recruit who originally came through the Future Jobs Fund.
What was apparent was that as well as being a well run business which is developing new products, pushing into new markets and winning new contracts, Monwel also has a social mission at its heart.
The warmth and passion that its staff have for the business soon vanquished the cold damp weather that was outside.”