The Fund provides long-term growth capital for social enterprises with innovative business models making positive and sustainable improvements to the lives of less advantaged people in the UK.
The Fund addresses the gap where organisations cannot obtain the financial support and investment to allow them to grow their services and their impact by providing risk capital to social enterprises with proven business models from £500,000 to £5 million over time.
-
Fund size
£36 million -
Better Society Capital commitment
£15 million
Key information
-
Geography
UK wide -
Investment type
Enterprise equity -
Fund manager
Lightrock -
Investment status
Current -
Investment date
2013 -
Term
10 years
Impact
-
Number of ventures supported
-
Number of people benefiting
-
Amount of follow-on funding
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