Access Reach Fund
Eastside Primetimers is available as an advisor on the Access Foundation’s social investment scheme, the Access Foundation Reach Fund.
The fund pioneers 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. 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.
An initial evaluation of the Reach Fund was carried out in 2019 – it suggested that the programme is proving effective in helping a broader range of charities and social enterprises to access social investment. The programme was therefore extended for the second time in 2021, so will now continue to run until 2025/26.
How does the Reach Fund work?
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 application. This is intended to help the Access Point better understand your eligibility and what kind of support is required. This might be governance, impact measurement, business planning or financial performance, for example.
If successful, you can secure a grant to spend with Eastside Primetimers as an advisor. To date, the Reach Fund have awarded a total of 628 grants worth over £8.5m, with an average grant size of £13.6k. With our strong relationships with social investors and having been one of the biggest providers on similar programmes like the National Lottery Community Fund (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.
What are the requirements?
- 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
How can we help you?
To discuss your eligibility and growth finance, please email firstname.lastname@example.org or call us on 020 7250 8334 to arrange a conversation with with our Reach Fund lead, Jo Simpson.
Chanctonbury Community Leisure“From the initial consultation through to the confirmation of support, the process was made incredibly smooth by Eastside Primetimers. The professional approach enabled CCL to successfully apply for an Access Reach Grant, which in turn provided the charity with the services of Eastside Primetimers consultant Mike Taylor. Mike proved to be extremely knowledgeable regarding our sector which greatly assisted in formulating the bid to CAF Venturesome. Despite the constraints brought about by the uncertainty surrounding the easing of lockdown and the associated impact of COVID-19, Mike produced a thorough short-to-medium-term strategic business plan for the charity, covering the multiple strands of our business and ensuring that relative sensitivities were applied throughout. This huge, and ultimately successful, piece of work was formulated and presented in a relatively short time-frame. Chanctonbury Community Leisure would like to pass on our thanks to Mike Taylor and Eastside Primetimers for their professional and expert assistance as well as their continued enthusiasm and support to see the aims of the Charity harnessed and achieved”
Andrew Dunstan, Operations Director and Trustee Doncaster Housing for Young People Limited“Eastside Primetimers helped us with an application to Homeless Link for social finance, which will be transformational for us and the young people we support. The support and expertise that Eastside Primetimers and their consultant Catherine Grayson have provided has been absolutely superb. I hope there will be further opportunities for us to work together”
Stuart Shore, Chief Executive Officer Foundation East“We are very grateful for the support provided by the Eastside Primetimers team during the process of putting together of our 5 year strategic plan. The EP team was able to pull together a diverse team enabling us to benefit from their wide knowledge and skill base”
Katy Ford, Chief Executive The Giving Machine“From the start, the team from Eastside Primetimers took the time to really understand our current business model and social proposition in depth. This led to the development of a revised marketing strategy and supporting business plan. Funders and advisors who reviewed our plan were keen to point out the quality of the delivered plans and this was a crucial factor in securing our social funding in 2017. Thank you Eastside Primetimers – if only every partner delivered to that quality!”
Richard Morris, Founder and CEO