We specialise in helping organisations become more resilient and sustainable so that they are in the best place to grow and increase their impact. As one of the UK’s first social investors we have provided over £400 million worth of loans and grants to hundreds of organisations all across the country.
Many charities and social enterprises have been affected by the current crisis and lockdown, and have lost income. In many cases, grants will be the most appropriate answer (for a full range of grant sources, see SIB and Good Finance pages); other organisations will be making use of other government schemes, such as furloughing staff (see NCVO’s pages for more information); others will not want to add more debt or additional loans to what they already have.
In short, we want to be clear that this fund will not work for everyone, and we only have a limited amount of money which cannot come close to meeting the scale of current need in the sector. We hope it is a part of part of the answer for some.