Reach Fund

The Reach Fund helps charities and social enterprises raise investment by offering grants on average between £5,000 and £15,000. The grant is aimed at helping these organisations provide the final information that investors need before they can invest. The fund is designed for organisations that are close to raising repayable finance for a specific purpose and have a social investor who has indicated there is information missing that is preventing them from making an investment offer. Applicants must be charities or social enterprises located in England that are looking to raise repayable financing in the next 6-12 months. Eligible organisations must have a clear social mission, distribute less than 50% of post-tax profits and reinvest at least 51% of surpluses into pursuing their social mission, and have a constitutional or contractual lock on their social mission, dividend and surplus distribution policy. The fund can only be accessed through a referral from an Access Point, which are social investors approved by the Reach Fund. The programme is funded by Access – The Foundation for Social Investment and is managed by Social Investment Business.