The Phone Co-op's CEO Vivian Woodell is on a mission to create an alternative economy built on the values advanced by social enterprises.
His efforts to date have been rewarded with a national award that recognises the organisation's role in a major social enterprise investment.
The Phone Co-op, based in Chipping Norton and Manchester, scooped the Best Consumer Facing award at the UK Social Enterprise Awards.
The Phone Co-op set up its Co-operative and Social Economy Development Fund to support the growth and development of other co-ops and social enterprises.
For example, it loaned HCT, the social enterprise bus operator, £500K as part of its recently raised £10m funding.
This funding, from a variety of social lenders, is a new record for a social enterprise investment in the UK.
The Phone Co-op is a strong supporter of public transport with over 91% of its business miles undertaken by public transport.
"We are happy to be using surplus capital to support another social enterprise that is providing public transport, something we actively try to use, and with an organisation that shares our values," stated Woodell.
"We see social enterprises co-supporting each other in this way as an example of the type of alternative economy we'd like to encourage and grow."
Peter Holbrook CBE, Social Enterprise UK's Chief Executive, said: "Social enterprises are needed more than ever to tackle the social and environmental problems facing Britain."
The UK now has more than 70,000 social enterprises that contribute more than £24bn to the economy each year.