The Fund supports community-based social enterprises and charities in deprived areas of Yorkshire and the Humber to purchase or develop assets so that they can better deliver local services. Matched with European Regional Development Fund (EDRF) financing the Fund provides loans up to £300k, ensuring organisations struggling to access finance can get the appropriate product they need. If the product proves successful, it could be replicated in other regions around the UK.
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Fund size
£3 million -
Big Society Capital commitment
£1.5 million
Key information
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Geography
Yorkshire and the Humber -
Investment type
Property -
Fund manager
Key Fund -
Investment status
Current -
Investment date
2018 -
Term
10 years
Sustainable development goals
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1: No Poverty End poverty in all its forms everywhere -
3: Good Health and Well-being Ensure healthy lives and promote well-being for all at all ages -
7: Affordable and Clean Energy Ensure access to affordable, reliable, sustainable and modern energy for all -
8: Decent Work and Economic Growth Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all -
11: Sustainable Cities and Communities Make cities and human settlements inclusive, safe, resilient and sustainable
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Other investors