New fund open for contributions

Throughout 2023 we've been refreshing our funds and installing new digital systems. We want to make sure that what we offer is the best way to support social organisations and address today’s social issues.

Our new fund will open in early 2024. We have £10 million of philanthropic capital to lend or grant. We’re aiming to increase the size of the fund to £20 million.

This will be available for charities and social enterprises operating across the UK, including those with international projects. The fund will be open for applications on an ongoing basis and is cause universal. We want to ensure that everyone has access to affordable, unrestricted finance.

To contribute to this fund and maximise the impact of your giving, please contact your client manager to arrange a contribution from your CAF account.

What is social investment?

Social investment is the use of money to achieve a social return as well as a financial one. We lend to charities and social enterprises from money donated by individuals, businesses and other charitable foundations.

As they repay us, we use the same money to lend to other organisations looking for affordable, flexible finance. This means that one pot of money can benefit many causes, multiplying the impact of those funds.
“Back in 2002 Venturesome came up with the novel idea that you could lend money to charities on a considered basis in a portfolio. Rather than giving a pound away once, you could multiply your giving and make that pound work five, six, seven, eight times.

“I became an early funder of a pool of loans that Venturesome would make and continue to support their innovative way of achieving my philanthropic goals.”

Sir Harvey McGrath, philanthropist, former Chair of Big Society Capital and supporter of Venturesome since 2004

How social investment helps charities and social enterprises

  • Affordable and flexible repayable finance can help ease cashflow, develop new services or buy assets. This can all play an important part in sustaining and growing an organisation’s impact.
  • Taking on investment, and the feedback and challenges that come with it can bring discipline, rigour and transparency to an organisation. Resulting in a more resilient organisation that ultimately has greater impact.
  • Our social investment fund recycles capital – enabling many more organisations to be supported with one pot of capital. This makes it attractive for funders who want to complement their grants and donations.
  • It's unsecured, making it attractive for organisations that struggle to access finance from banks due to their lack of physical assets, such as property, that can be secured as collateral.
  • It's unrestricted, allowing organisations to invest in infrastructure and capacity building, which are often not covered by grant funding.
  • Social enterprises and charities have a greater need for capital than ever before. The challenging economic climate combined with strained public sector funding, means that they need to diversify income to ensure they can continue to operate. Accessing social investment can help them to action that shift.

“Venturesome has been pivotal to our sustainability and success in making a huge difference to the most isolated communities in Birmingham. Because of Venturesome, we have been able to make a difference to over 40,000 individuals.

“We hope our relationship with Venturesome is a long standing one as it enables us to make a transformative difference to people’s lives."

Ray Goodwin, Chief Executive, Spitfire Advice and Support Services
Female youth worker speaking to a teenage girl

What we look for in applicants

  • Trading for a minimum of one year
  • The scale and depth of impact to people or the environment
  • Evidence that funding will make a difference in the community
  • How social investment could help an organisation become more sustainable, create jobs and opportunities
  • Evidence that an organisation has strong governance, appropriate legal structure and a sustainable business model to repay the loan

An experienced lender

Venturesome was one of the first social investment funds in the UK. Since 2002:

social investments have been made

has been lent or granted to social organisations

social organisations have benefited from our funds

donors have funded our loans

Help us provide social investment to organisations with a purpose

Speak to your client manager to arrange a loan for up to 12 years or a grant from your CAF account.