The Reach Fund is a two year, £4m investment readiness grant programme, funded by the Access – The Foundation for Social Investment and managed by Social Investment Business. It will test a new model of investment readiness support to help charities and social enterprises raise investment. This fund is investor led, which means that organisations apply through Access Points, who will be offering guidance and advice along the application process.
WHAT DOES THE REACH FUND OFFER?
The Reach Fund will offer small grants (an average of £15k) to charities and social enterprises that are looking to raise investment with one of the approved social investors (Access Points) of which Venturesome is one. The grant will hopefully be used to help you close a deal or secure an investment from us.
HOW DO YOU APPLY?
The starting point is a desire to take on social investment for your organisation in the near future.