About our Social Business Impact Programme

CAF Venturesome and Hatch Enterprise have partnered to offer blended finance and business support to social businesses led by women of colour based in London. This pilot programme will run between 2022-23 and is funded by JPMorgan Chase, CAF and private donors.

The programme is for female led social businesses that have a clear social or environmental impact mission and reinvest or donate their profits to make a positive social change.

The programme offers up to £70,000 per social enterprise in funding. This ‘blended finance’ investment includes:

  • up to £50,000 in zero-interest loans to be repaid over 5 years
  • a grant worth up to £20,000
  • opportunities to apply for further low interest loans worth up to £150k

Get in touch to find out more

Neil Heslop OBE, Chief Executive at the Charities Aid Foundation said:

Social businesses help tackle social problems, improve communities and individual lives, and positively impact the environment.

“In our 20th year of championing social investment, we’re excited to launch this programme specifically for social businesses run by women of colour, working with Hatch Enterprise and with the support of JPMorgan Chase. We know that minority-led businesses have historically struggled to access funding required to grow, so we’re looking forward to meeting a whole host of promising businesses and their leaders, and helping to increase their social impact.”

Neil Heslop OBE, Chief Executive, CAF

What criteria do I need to meet to apply?

●   You are the founder or leader of a social or environmental impact business based in Greater London
●   You are a woman or other marginalised gender founder from an ethnic minority background
●   Your legal structure is a Community Interest Company (CIC) or a Company Limited by Guarantee (CLG)
●    Or your legal structure is in some cases Company Limited by Shares with asset and mission lock
●    You have a clear social or environmental impact mission
●    You have an annual turnover of around £50k-£300k
●    You would like to access blended finance to grow your social business
●    You can commit to attending the support sessions

What will this programme help me with?

Map your growth strategy

Plan your social and commercial aims over the next three years and your strategy to achieve them

Clarify your impact

How you can define it, how you are able to measure it, and how you choose to communicate it

Pin down your finances

Write a cash flow forecast for the next five years and understand your management accounts

Solidify your team

Identify your key risks and mitigations, build up your team and advisory board, form key relationships

Access
funding

To be able to write and present an application for blended social investment to CAF Venturesome

How is the programme structured?

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Expert-led workshops

Attend 12 expert-led workshops on topics including impact, growth strategy, finance, team, pitching and presentation - along with four workshops that are co-designed by the cohort

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1-2-1 expert support

Access peer mentoring and expert consultant sessions from a range of experienced entrepreneurs, industry experts and sector specialists

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Peer support

Work with a small group of peers on the same journey, supported by a programme facilitator to help you share insights, experiences and learning

CAF Donate collect donations online

Apply for social investment

Practice pitch day and full pitch day to apply for social investment from CAF Venturesome

Apply now

Timeline

Application deadline: 9 AM Monday 15 August 2022

Price: Free

Location: Online via Zoom 

Workshop dates:  Starting Friday 30 September 2022,12 sessions fortnightly Fridays 10 AM – 2 PM

Investment committee: January 2023

Drawdown of funds: February – March 2023

 
 
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Want to know more?

TALK TO US TODAY

Contact our expert team for an initial chat about social investment through CAF Venturesome.

Contact us


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