The Good Deals Pioneers Fund is offering a significant cash investment and an estimated £50,000 business support via the Young Foundation's Accelerator programme. The closing date for applications is Friday 26 October – get involved now to kick-start your start venture.
social investment
Market Profile: The Social Investment Business
29 July 2011
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South Holland Radio on air.
In practice:
South Holland Radio approached The Social Investment Business with a wish to refurbish and reuse Spalding Railway Station as a multi-agency venue. Their proposal was to bring a prominent Victorian building back into full use, benefitting local people. A Communitybuilders feasibility grant of £74,850 was offered to South Holland Radio which is providing professional advice in three main areas; property, process and people.
Who we are:
The Social Investment Business exists to help civil society organisations do more of what they do best – supporting people and communities most in need. We have helped organisations prosper by providing innovative financial solutions through the Government funds we manage and offer business support solutions through our in house experts.
Our parent charity ACF won the contract to manage the Futurebuilders England fund for the Cabinet Office in 2008, then the company went on to win several other fund management contracts, including the Modernisation Fund for the Cabinet Office, Social Enterprise Investment Fund (SEIF) for the Department of Health and the Communitybuilders Fund for the Department of Communities and Local Government and the Office for Civil Society. We manage all of these funds on a portfolio basis.
What we offer:
The Social Investment Business offers a range of services designed to provide a sustainable future for charities, social enterprises and community groups that deliver public services. We take a commercial approach to develop and enhance organisations that provide vital support to communities. We are positioned at the centre of the civil society, with established links with the public and private sectors.
Whether it’s recruiting staff, managing cash flow, delivering against targets, or tendering for and delivering public service contracts, we have the experience and expertise to help drive these types of organisations towards sustainability.
We are developing local management companies that enable local authorities to contract with consortia of civil society organisations, to deliver high quality services that address local needs.
We see the potential that Social Impact Bonds can deliver in bringing additional resources to the sector, transforming public service funding from crisis intervention to prevention. We are well placed to move quickly in this market with an ability to raise finance from the market, quickly establish high quality delivery interventions and negotiate contracts with commissioners.
Who should contact us?
Civil Society organisations (charities, social enterprises, community groups) that are looking to improve systems, create new services, develop plans or recruit interim staff or develop service delivery in a local area by forming consortia.
Public Sector agencies or Central Government bodies that are looking to implement new financial models that look for investors and focus on outcomes based payments and social impact.
Apply now for Good Deals Pioneers Fund!
Featured Service Provider
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Buzzacott is a leading provider of corporate structuring advice, compliance and advisory support to businesses and Civil Society Organisations. Buzzacott has taken a leading role in the development and promotion of best practice - actively engaging with the increasing range of businesses which deliver social, environmental and community benefit.
Contact: Edward Finch, Partner
t: 020 7556 1200
w: buzzacott.co.uk
a: Buzzacott LLP, 12 New Fetter Lane, London EC4A 1AG
