Re-Union Canal Boats Ltd

Re-Union Canal Boats Ltd (Re-Union) is a social enterprise which operates on the Union Canal primarily between Edinburgh Quay and Wester Hailes. It was established in 2004 and built its first boat using a social enterprise model. This boat was used to pilot the activities of Re-Union involving people working as a stepping stone back to mainstream employment and  to assist individuals sustain recovery from mental health problems. They also help individuals maintain a drug free regime.

A business opportunity arose for Re-Union to purchase 51% of a  family owned  boat hire company which operates boats on the Union Canal/Forth Clyde Canal based at Falkirk. While Re-Union's existing business relies heavily on grants the acquisition of a share in the commercial boat hire company will enable them to become much more sustainable.

The Scottish Investment Fund is providing an investment of  £236,150 made up of a mix of loan and grant.

Re-Union creates opportunities for volunteers from disadvantaged communities,   mental health sufferers and the long term unemployed seeking a way back to mainstream employment. It also engages with people and communities bordering the canal in activities which strengthen social cohesion.

A predictive SROI indicated that £2.09 would be generated for every £ invested.

For more information on Re-Union click here.

" Receiving these funds means we can push on with our development plans and grow the business, while simultaneously being able to offer even more opportunities for volunteers and the wider community " Sheila Durie, Chair of Re-Union