A brief history
P-CED UK derives from the merger of Albacrest Ltd, a software development business incorporated in the UK and People-Centred Economic Development an advocacy which began in the US in 1996 with a white paper proposing a more inclusive economic model.
· 1996
The white paper proposing a more inclusive economic model is delivered to the Committee To Re-elect The (US) President. P-CED is formed in 1997 along the lines of the proposed social purpose business model therein.
1999
P-CED is deployed to source the Tomsk Regional Initiative in Russia which yeilds a microfinance bank and initiatives to strengthen civil society. 10,000 small business entitities are created.
2002
A development proposal for social enterprise in the Tatar community in Crimea is researched and published.
P-CED UK is incorporated as a UK Guaranteed Company with no share capital supporting humanitarian advocacy. Activism begins in Ukraine for childcare reform and economic development. .
P-CED UK took over the support service for Meeting Point application and became a share based company applying the P-CED model, as for-profit with social return on investment. The microeconomic 'Marshall Plan' reached Ukrainian and US government.
P-CED UK grows the portfolio of software development projects with the aim of focusing more of its investment into community projects based in Gloucestershire..
P-CED UK primarily provides software development and support services. It operates as an informal version of a Community Interest Company with at least 50% of profit invested in social purpose. To date, this has been 100% social investment.
It is part of the company’s mission over the next five years to set up and fund more community projects in Gloucestershire. This is with the goal of providing supporting and developing communities over the long term to increase the welfare of those in need. A recent example was in preparing a bid for the BBC Village SOS campaign in the Forest of Dean and now in the 'Local Plan' for community development .
We operate as an alternatve to charity. The investment we provide into the communities on our target beneficiaries list clearly gain from our work. Most recently this is reflected in leveraging change in the childcare system of Ukraine to increase domestic adoptions. .
For the core members of the company, this is an investment of their time and skills in order to provide humanitarian benefits for the communities that are assessed to need it the most.
Their goal is to ensure that the company generates an income year after year so that we can continue to provide the investment for those communities.
Staff
Founder and international director Terry Hallman is engaged in humanitarian advocacy on behalf of the company, curently in Ukraine..
Jeff Mowatt, our UK director leads the UK based arm of P-CED which provides revenue for mission funding and logistical support.
Culture
P-CED aims to foster a culture of “social development”, which naturally forms the basis of an environment that people need to develop themselves and results in innovative approaches. These innovative approaches combined with delivery to schedule from our staff result in the unique service we offer our customers and our beneficiaries.
Social ROI
Research in Ukraine since 2002 led to the submission of a microeconomic strategy paper calling on government to invest in a mix of socially beneficial components. So far this has led to 3 policy changes by Ukraine's government in the area of instituional childcare and for the United States to launch the East Europe Foundation to promote CSR and support sustainable community enterprise. In October it was revealed that a 40% increase in domestic adoption has occurred since these were actioned. Project milestones can be viewed in the links shown in the left column of this page.