7th August 2023 Posted by - Alexander Accountancy
Social Investment – Growth Impact Fund
The Growth Impact Fund provides social investment for early stage, growing social businesses that are:
- led by diverse leaders and teams;
- looking to grow their trading income; and
- looking to help tackle inequality.
The Fund was developed by Big Issue Invest and UnLtd with support from Shift, who are all committed to tackling the structural barriers within social investment and offers between £50,000 and £1,500,000 of investment.
There are three flexible investment types aimed to meet your needs:
- Equity – Shares in your organisation;
- Revenue Share – Repayments based on your organisation’s revenue performance; and
- Patient Debt – Regular repayments set at an agreed interest rate over several years.
See: Growth Impact Fund – Investing for impact. Made for diverse-led organisations
