Inspiring Scotland appoints Gary Le Sueur to board
Gary Le Sueur, an expert venture capitalist, has been appointed as director of Inspiring Scotland's board. Gary Le Sueur is the co-founder of Scottish Equity Partners, which has raised £62 million since its inception in 2005.
According to Herald Scotland, the venture capitalist will dedicate his time and experience for the welfare of the company. Mr Gary Le Sueur, who specialises in green and energy technology industry, said that he had dedicated nearly twenty years in the venture capital business. Currently, he has joined many boards, in which the Scottish Equity Partners have invested in, and is working along with the companies' management in aiding the firms in reaching international status.
Scotland is bestowed with talented business tycoons and that he is very much pleased to be part of their achievements, Le Sueur added. Commenting on the appointment, Inspiring Scotland said that it had enhanced the inbuilt and financial capability of more than 100 charities by naming skilled volunteers and performance advisors to its board. The company adopts the approach by venture capital with returns gauged by social impact rather than monetary profit.
Mr Gary Le Sueur is associated with boards of businesses like Vital Energi, an environmental consultancy based in Glasgow, and Solarcentury, a specialist in the solar energy field. He is also linked to Scottish Equity Partner's investor relations and fundraising. Niall Lothian, Chairman of Inspiring Scotland, said that Gary's experience coupled with his desire to utilize venture capital-skill for social cause will enable the company to boost its ability to deliver the highest return on investment.
Helen Chambers, head of policy and strategy in Inspiring Scotland, on the company's website, wrote how its Link Up fund is dealing with the loneliness by altering societies from within. According to Helen Chambers, the need for transforming the society is felt when the effects of loneliness are associated with those of smoking.
He said that Inspiring Scotland has been growing and measuring the effect of Link up Community on the lives of vulnerable communities in Scotland for past 4 years. He cited an example from the life of Mr Doug who in his late 70's agonizes from various health issues and loneliness. He was conducted by a Link Up team volunteer in his area, who introduced him to the Lunch Club every fortnight and also to the fresh cinema and social clubs. The Link Up community bought a transformation in his life and the volunteers aided him during his time of requirements.
Gary Le Sueur heads Scottish Equity Partner's Environmental Energies Fund and also the Environmental Capital Fund. He also holds a position as a non-executive director of previous SEP investment Anesco, Scottish Equity Partner said on its website. He also played a significant role in the foundation of SEP's office at London.
His association with the board of Inspiring Scotland will take the company to its new height. The company's board believes that this appointment will prove to be fruitful in the long run.