Social Growth Fund

Venture debt-fund investing in social enterprises and charities in Scotland.

Key info

  • Geography

    Scotland

  • Asset class

    Social lending

  • Fund manager

    Social Investment Scotland

  • Investment status

    Current

  • Investment date

    2019

  • Term

    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.

Impact

  • 21

    Number of intestees

  • £520,000

    Average loan size

  • 230,000

    Number of people benefiting in 2018/19

Sustainable development goals

  • 1: No Poverty
  • 3: Good Health and Well-being
  • 7: Affordable and Clean Energy
  • 8: Decent Work and Economic Growth
  • 10: Reduced Inequality
  • 11: Sustainable Cities and Communities
  • 12: Responsible Consumption and Production