Access – the Foundation for Social Investment, has announced the partnership that will deliver its two year Impact Management Programme. New Philanthropy Capital (NPC) will be leading the programme, working with a consortium of social sector organisations: Impetus-PEF, NCVO Charities Evaluation Services, Social Enterprise UK, Social Investment Business, Social Value UK and the Young Foundation. Product and service design agency, Hactar, are also involved and will be leading the development of a digital platform.
The Impact Management Programme is a key part of our capacity building work and will support charities and social enterprises to improve their ability to quantify, report on, increase and get paid for their impact. The overall aim of the programme is to help organisations engage with and access social investment.
The programme has two key components:
- Pathway for Impact, which will build on existing resources to develop an easy to use ‘self-service pathway’ which charities and social enterprises can use to make a start on their impact management strategy.
- Impact for Growth, which will provide support, training and grant funding for charities and social enterprises seeking larger investments or contracts to help them develop their impact management processes to increase their chances of success.
Power to Change, an independent charitable trust focused on community business, are co-funding the Pathway for Impact strand. Our aim is to create an open, shared resource which is useful for – and used by – a wide variety of charities and social enterprises.
Ed Anderton, Access’s Strategy and Policy Manager said:
“We are pleased to announce that NPC are leading the delivery partnership for the Impact Management Programme. Support for charities and social enterprises to better understand and manage their impact, in order to become better equipped to secure investment and contracts, was a key need which came across very strongly through our consultation with the sector last year. While our focus is on those social organisations with an active interest in social investment, we also recognise the potential benefits of consistent approaches to impact across grant-makers and social investors, and we look forward to closely working with NPC, their partners and Power to Change to realise and sustain those benefits.”
Abigail Rotheroe, Social Investment Lead at NPC said:
“We are excited to be leading such an expert partnership to build the impact management skills in the sector and help organisations use social investment to further their missions. This programme will build on NPC’s 15 years’ experience of working with charities and social enterprises and draw on the skills, experience and networks of the partners, who all share a common vision. The continuous process of learning and improvement built into the programme will ensure the needs of charities, social enterprises, investors and commissioners are considered throughout and, we believe, will leave a legacy for the whole sector once the project has formally ended.”
The programme will be co-designed by the sector to ensure it is user-friendly and reflects organisations’ needs. If you are a charity, social enterprise or community business interested in being involved in the co-design process please email Access@thinkNPC.org. We also want to hear from you if your organisation is actively seeking investment or contract opportunities.
More information about how to get involved will be shared soon. If you have any questions please get in touch with Ria Bowler, the Programme Manager at NPC, via Access@thinkNPC.org.