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Strengthening business impact
Through fundraising
Equity
United Kingdom
Equity
Name of Funder
Growth Impact Fund
Value
£50,000 to £500,000
Deadline
Rollling
Priority Sector (SDGs)
General social impact
Sub Priority Sector
Funding Description
The program offers investment in exchange for a share of ownership in the company. This type of support is ideal for businesses seeking substantial growth and looking for a long-term partnership. It is designed for founders who are ready to scale their operations and are open to sharing ownership in order to secure the resources needed for exponential success. By providing both funding and strategic support, the investment helps accelerate the growth of the business while fostering a strong, ongoing partnership with the investor.
Eligibility Information
To be eligible for support, organisations must be legally registered in the UK as a company or charity, and they can operate under any legal structure. Eligible ventures must have already demonstrated proof of concept by generating trading revenue and are looking to significantly increase both their trading income and social impact. They should be open to receiving funding as a repayable investment. The focus of the organisation must be on tackling inequity for marginalised groups in the UK, particularly addressing issues like socio-economic disadvantage, racism, gender and LGBTQIA+ discrimination, place-based deprivation, and disability discrimination. The support prioritises organisations that directly address these issues through their products, services, training, or employment. Investment is primarily offered in sectors such as consumer business, education, employment, health and social care. For equity and RPA investments, at least 75% board representation and 50% senior leadership representation from diverse groups is required, while debt investments require a demonstrated commitment to diversity, equity, and inclusion.
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