Blog
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
Thrive Together Fund
Overview
A fund offering blended investments of 75% loan and 25% grant, with an average total investment of £100k.
The fund is delivered by a partnership made up of Social Investment Business, Architectural Heritage Fund, Homeless Link, Groundwork, Cooperative and Community Finance & Frederick's Foundation.
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.
Partners
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£3.63 million
grant committed
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£3.0 million
co-investment raised
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£6.6 million
total fund size
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Find out more