Eastside Primetimers is available as an advisor on the Access Foundation’s new social investment scheme, the Reach Fund.
The fund is designed to test a new model of social investment readiness support, where a set list of social investors (‘Access Points’) can help charities and social enterprises identify the type of support they first need to prepare them to take on investment. It is hoped that including investors in the process from the get-go will increase your chances of securing the investment you need to grow and develop life-changing services for your beneficiaries.
The first step for organisations wishing to secure investment is a high-level discussion with one of the Access Point investors about your needs and to go through a quick diagnostic process, after which you can be invited to make a short six-question application. This is intended to help the Access Point better understand your eligibility and what kind of support is required – it might be governance, impact measurement, business planning or financial performance, for example.
If successful, you can secure a £5,000-£15,000 grant to spend with Eastside Primetimers as an advisor. With our strong relationships with social investors and having been one of the biggest providers on similar programmes like the Big Lottery Big Potential Fund, we are uniquely placed to build relationships between you and the Access Point investors. We will keep in touch with you throughout the process, working with you and the Access Points to help get the application submitted.
- You must be a Voluntary, Community or Social Enterprise (VCSE) organisation or a social business in England
- You will need to be referred and approved by an Access Point, a defined list of social investors indicated on the Reach Fund website – Eastside Primetimers can refer
- Eligibility will be based on a diagnostic tool
- Access Points will be looking to understand charities’ support requirements around governance, leadership, impact and vision, market potential, financial performance and operations
To discuss your eligibility and growth finance, please contact Emma Steele on 020 7250 8336 or at firstname.lastname@example.org