Does your social business need extra support before seeking out investment? The Reach Fund could provide the boost you need.
This two-year grant programme is testing a new model for investment readiness support. The programme is funded by Access – The Foundation for Social Investment and is open to organisations in England.
‘Investment readiness’ has long been highlighted as an issue that prevents charities and social enterprises from accessing social investment. Social investors are often approached by charities and social enterprises who require extra support to become investment ready.
Through this programme, social investors can refer these organisations to the Reach Fund to apply for grants to pay for the support they need. Between £3m and £4m of funding will be available and you can apply for grants of up to £15,000.
Learn more about the programme and how to apply.
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Originally published November 15, 2017