Rethinking Subsidy: lessons from social investment on good growth
Policy and Advocacy Manager, Alex Bunker, looks at the lessons from social investment in using subsidy as a tool for delivering good growth

A fund originally delivered by GMCVO, in partnership with the Greater Manchester Combined Authority and a network of Credit Unions across the city region. The fund is now managed by Key Fund following GMCVO entering administration in 2024.
It uses funding from the Enterprise Growth for Communities Programme to reach smaller organisations in disadvantaged areas. EGC helps trading charities and social enterprises grow or diversify their business models.



