Charities and social enterprises looking for help to become investment ready can turn to Devon Community Foundation (DCF).
The Foundation recently launched a support and loan package for new and established mission led organisations hoping to grow. The initiative offers business support and advice from the Enhance Social Enterprise programme alongside tailored loans from the Devon Social Investment Fund.
In addition, they have now been approved as an ‘Access Point’ for the Reach Fund, a £4m investment readiness grant programme, funded by Access, the Foundation for Social Investment. The Reach Fund offers small grants to charities and social enterprises who are wanting to secure investment. As an approved social investor, DCF can provide extra support to address barriers or challenges those organisations face along the way.
Devon-based charities and social enterprises interested in learning more can contact Sandra Howsley on 01884 235887 or email firstname.lastname@example.org
What is an Access Point?
Access Points are approved social investors that refer charities and social enterprises to the programme. Once endorsed, these charities and social enterprises can apply for grants to help them secure investment.
What does The Reach Fund offer?
The Reach Fund is a two year £4m investment readiness grant programme. It offers small grants to charities and social enterprises that are looking to raise investment with an approved social investor. Reach Fund grants can be used to fund specific pieces of work to help secure investment such as support for business planning costs, updating marketing plans and legal work.
How do you apply?
You can apply via the Devon Social Investment Fund by contacting our team here. If we think you need a little bit of extra support before you are ready for investment then we will refer you to the Reach Fund. Our team will work with you to identify your needs, develop an investment readiness plan, and apply for a grant.