Social Investment Fund
Round 2 of our Social Investment fund is now open
Following the launch of Homeless Link’s Social Investment fund last June, we have now agreed our first round of successful applications following an Investment Committee meeting at the end of last year.
We are now pleased to be opening up the fund for a second round of applications. The deadline for submitting applications is 16 February 2018. If you are interested in applying for the fund, please contact our Investment Manager, Jaishree Mistry as soon as possible.
About the fund
Homeless Link has £4.5m to invest over the next 3 years for charities and social enterprises across England working to reduce homelessness. The programme is the first of its kind exclusively for the homelessness sector and one of very few sector-specific funds in existence.
The aim of the fund is to test and learn where social investment can be most effectively used alongside other forms of funding to improve outcomes. It is looking to support organisations to:
- increase the homelessness sector’s knowledge and experience of social investment
- develop new models for income generation and funding
- improve their long-term sustainability
This fund will focus on the potential that smaller unsecured loans can have on creating change. The fund is offering unsecured loans of £25,000 to £150,000, repayable over a maximum term of 48 months.
If you would like to know more about how we may be able to support your organisation, please complete the enquiry form below and Jaishree Mistry, our Investment Manager, will contact you soon.
The Homeless Link Social Investment Fund is provided through the Growth Fund, which is managed externally by Access-the Foundation for Social Investment and blends grant from Big Lottery Fund and loan from Big Society Capital.
Reach Fund: If you need extra help to develop an investment readiness plan, we can offer you a route to grant funding to spend on the support you need. The Reach Fund is funded by Access – The Foundation for Social Investment and managed by Social Investment Business
Good Finance: Need more information about Social Investment? Good Finance is a helpful website created to introduce charities and social enterprises to social investment and other finance options available.
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As the new Investment Manager at Homeless Link, I am looking forward to working with our members to explore and use social investment to unlock new ways of working to overcome these challenges and ensure long-term sustainability.
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