Social Growth Fund
Venture debt-fund investing in social enterprises and charities in Scotland.
Venture debt-fund investing in social enterprises and charities in Scotland.
Scotland
Social lending
Current
2019
18.5 years
The challenge
There is a growing impact economy in Scotland, but there remains a need for education, support and appropriate finance.
Our approach
This fund investment aims to support the growth and resilience of the impact economy by making more capital available to social enterprises and charities in Scotland.
The Fund
The Fund provides flexible, patient and fixed-rate debt financing to social enterprises and charities in Scotland to support their resilience and the growth of their operations and impact.
The fund invests in organisations working across outcome areas and beneficiary groups, prioritising those that are supporting underserved young people.
£16 million
£8 million
Number of intestees
Average loan size
Number of people benefiting in 2018/19