Growth Impact Fund - Social Investment Fund

About the Growth Impact Fund

It exists to make social investment better for founders from underrepresented backgrounds and their teams.

Great social leaders come from all backgrounds, but many have been excluded from accessing the capital and support they need to thrive. The Growth Impact Fund is here to change that. It aims for a minimum of fifty percent of the fund to go to businesses who are already led by diverse teams, and to support social businesses who are aiming to increase their commitments to equity, diversity and inclusion.

The Growth Impact Fund will support organisations with more than money, including access to grants during the investment process, a dedicated portfolio manager throughout the life of the investment, and access to resources to help them navigate the process.

The fund aims to be open, transparent and jargon-free, with decisions led by what’s right for social entrepreneurs.

Who is it for?

We provide social investment for early stage, growing organisations. Our social investment is made for organisations that are

• Committed to improving their team's diversity
• Looking to grow their trading income
• Looking to help tackle inequality

The fund is for organisations that have more than 75% representation at board and at least 50% representation at Senior Leadership Team of individuals who fall into one or more of the following categories:

• Lived experience of a social challenge
• Experience of socio-economic disadvantage
• Disabled
• Women
• Black, Asian or Minority Ethnic
• LGBTQIA+

Solo founders, and organisations that demonstrate a clear commitment to improving diversity, equity and inclusion are also eligible to apply.

What’s on offer?

Support before social investment

Up to £15,000 of grant funding providing your organisation with support before accessing investment or to cover your personal expenses through the process.

Dedicated portfolio manager to support you through each step of our investment process.

Access to our social investment templates and resources to guide you and give you transparency across the process.

Investment type

There are three flexible social investment types aimed to meet your needs:

1. Equity - Shares in your organisation
2. Revenue share agreement - Repayments based on your organisation's revenue performance
3. Patient debt - Regular repayments set at an agreed interest rate over several years

Support during investment

Up to £20,000 grant as additional funding support to help you grow your organisation.

Continued 1 to 1 support from a portfolio manager to help you achieve your growth ambitions.

Access to our professional network, alumni, and opportunities for follow on funding and support to continue your growth.

Next steps: Go to the website www.growthimpactfund.org.uk

Read the eligibility criteria & steps in the process

Submit an expression of interest by completing a short form

The team will then be in touch