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Community Builders Fund

Overview

A sub-portfolio within the Community Builders Fund offers grant and support alongside a loan to support Black and minoritised ethnicity-led charities and social enterprises. 

The fund is delivered by Social Investment Business in partnership with The Ubele Initiative and Create Equity.

It uses funding from Flexible Finance for the Recovery to enable the provision of long-term, flexible investment products, particularly for organisations where financial returns are uncertain or lower than conventional investment thresholds. 

Partners

  • £3.9 million

    grant committed

  • £3.4 million

    co-investment raised

  • £7.3 million

    total fund size

  • Aim is for 50%

    investees in the 40% most deprived communities

The Highlife Centre, based in a deprived and multi-cultural part of Coventry, wants every young person to become confident and productive in their communities so that they can have a sense of purpose, access resources and skills that could turn their aspirations into reality, and make positive changes in their lives to aspire and achieve their full potential.