The challenge
Locally-led organisations providing support and services in their community often struggle to access appropriate finance, limiting the impact they can have.
Our approach
Provide missioned-aligned capital to community-based, locally-led organisations providing essential services to improve the well-being of residents, developing the local economy, and creating positive social change for individuals in the community.
The Fund
The Fund invests between £250,000 and £2 million in community-based organisations , empowering people to develop locally-determined solutions to challenges and opportunities that enhance community engagement and improve the quality of life for local individuals.
-
Fund size
£18 million -
Better Society Capital commitment
£10 million
Key information
-
Geography
UK wide -
Investment type
Enterprise debt -
Fund manager
Social and Sustainable Capital -
Investment status
Current -
Investment date
2014 -
Term
Evergreen
Community Enterprise Support
-
Number of organisations supported
-
Properties purchased
-
Individuals supported (since 2017)
Sustainable development goals
-
1: No Poverty End poverty in all its forms everywhere
-
3: Good Health and Well-being Ensure healthy lives and promote well-being for all at all ages
-
7: Affordable and Clean Energy Ensure access to affordable, reliable, sustainable and modern energy for all
-
8: Decent Work and Economic Growth Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
-
10: Reduced Inequality Reduce inequality within and among countries
-
11: Sustainable Cities and Communities Make cities and human settlements inclusive, safe, resilient and sustainable
-
Other investors
Schroder BSC Social Impact Trust