• Improved quality and quantity of early stage social ventures going on to seek financial support from the Investment and Contract Readiness Fund and/or social investment intermediaries.
• Improved signposting between social investment intermediaries for early stage social ventures, particularly to enable them to secure further investment if appropriate.
• Increased numbers of social investors making investments into early stage ventures.
Average loan value: £50,000 – £1.5 million
Total Capital available: Up to £5 million
Repayment terms: No repayment, but capital must be invested within either two or four years, depending on size of grant, and all capital must be match funded.
Restrictions: Funding must be applied for and managed by a social venture or incubator.