Access exists to bridge the gap between smaller charities & social enterprises and social investors. That’s not something we can do on our own. Through this blog we try to open up our work.
We are delighted to have signed our second Growth Fund deal last week. Key Fund will run the Northern Impact Fund, building on their great track record of making small loans to charities and social enterprises across the North of England and midlands. You can read more about the first two funds open for business […]
You may have seen our announcement a couple of weeks ago that we are partnering with Rathbones who will manage our endowment – the culmination of months of thinking about how we invest using a “total impact approach”, how we engage with the investment community and how we determine which asset manager is best able […]
A few weeks ago, Seb posted a blog reflecting on what we have learned and how we are seeking to improve, following the announcement of our first Growth Fund investment into Resonance. He mentioned that based on this learning, we have published updated guidance on the whole Growth Fund process, a revised expression of interest […]
You may have seen the announcement last week that Resonance have launched the first fund lending to charities and social enterprises which has been supported by the Growth Fund. This is the first fund to go live and is now available for applications from charities and social enterprises in South West England working to bring […]
The Growth Fund is designed to increase the availability of small affordable unsecured loans for charities and social enterprises. The Growth Fund totals £45m and provides a blend of loan from Big Society Capital and grant from the Big Lottery Fund to social investors across England. This allows those social investors to offer smaller loans […]
The six weeks since my last post have been a busy time. Amidst a lot of work to get our Reach Fund and Impact Management programmes up and running, I’ve also been speaking to organisations about the ‘Infrastructure Investment’ strand of our capacity building work, as advertised in my last post. This series of conversations […]
Back in December we announced the ‘headlines’ for our capacity building programme. With the process of getting our Reach Fund and Impact Management programmes up and running underway, and the working group for GoodFinance.org.uk making good progress, we’re now developing our plans for “Infrastructure Investments”. To restate the context: social investment intermediary organisations (social lenders, […]