FEO claimed the partnership – which was announced on Monday June 13 – will help to continue its work in creating wealth and private sector jobs in Hull and East Yorkshire.
Cranswick finance director Mark Bottomley said: “Start-up businesses are thriving in Hull, thanks to the continued support of organisations like FEO, so we jumped at the chance to help them continue their great work.
‘Long-term regeneration of Hull’
“We want to support the long-term regeneration of Hull and believe organisations like FEO play a pivotal role in helping the city’s entrepreneurial spirit to flourish.”
FEO ceo Jan Brumby said the company relied on the support of local organisations to achieve its aims.
“As one of our region’s largest employers, Cranswick’s contribution to FEO will be invaluable, and I’m looking forward to working with them,” said Brumby.
‘One of our largest employers’
Hull-based Cranswick joined FEO’s other key partners Hugh Rice, KCOM, Lloyds Bank, Gosschalks, Smailes Goldie Group and Strawberry.
The community interest company is made up of entrepreneurs looking to boost the local economy, by creating wealth and employment opportunities.
It contributes £3bn a year to the area’s economy and its 130 members employ over 18,000 people in the Hull and East Yorkshire region.
Meanwhile, Hull has been selected as the 2017 UK City of Culture.
Community interest company definition
A community interest company is a type of company, designed in particular for social enterprises that want to use their profits and assets for the public good.