Developing a Crowd Match Fund | Big Society Capital

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Developing a Crowd Match Fund

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Big Society Capital wants to create a £5 million fund to match crowdfunded investments made by individuals into SITR-eligible charities and social enterprises.

We are seeking platforms to partner with us to deliver this fund which will launch in 2016. We invite interested platforms to learn more about social investment, the objectives of the fund and Social Investment Tax Relief at a half-day Kick-Off Workshop on Monday 23rd November 2015

Please email the team working on the Crowd Match Fund to register to attend the Kick-Off Workshop.  

The Crowd Match Fund

The proposed repayable match fund would be open to crowdfunding, peer-to-business and alternative finance platforms seeking to list social sector organisations raising debt and equity finance.

Platforms deploying the fund on their sites will allow the public to invest directly in charities and social enterprises, and make use of Social Investment Tax Relief (SITR). SITR enables individuals to gain personal tax reliefs which can include income tax at 30% of the amount invested, capital gains disposal and hold-over relief.

By giving people the opportunity to directly support charities and social enterprises through repayable finance, alternative finance platforms can help connect people and the causes they believe in – and unlock a whole new market for crowdfunding and p2p lending.

Process and Timeline

We will release a Request for Proposals to platforms in late November 2015, following the Kick-Off Workshop on Monday, 23 November 2015.

The timeline for the launch of the fund is as follows:

Please email the team working on the Crowd Match Fund to register to attend the Kick-Off Workshop.

Last updated | 
29 October 2015