The Government has announced £1.5m in funding for a second round of the Impact Readiness Fund.
The first IRF round, worth £2m and launched in October 2014, supported 51 social enterprises. The second round of the IRF will make grants of between £25,000 and £100,000 available.
Social Investment Business manages the fund. Grants aim to help ventures build the infrastructure and skills required to manage their performance, increase their social impact, and attract social investment or win contracts.
Jonathan Jenkins, chief executive of Social Investment Business, said the IRF was heavily oversubscribed so its reopening is welcome.
“Effectively demonstrating social impact is more important than ever and many social ventures need support to build in systems or develop new skills. Funders, investors and commissioners are increasingly focused on outcomes and impact so support for this vital work needs to continue.”
Applications for funding are invited until 8 January. For more information and to apply, click here.
Latest News
-
Regulator issues warning to charity over social media post that appeared to support Hamas
-
Profile: Donna-Marie Edmonds
-
Charities' income and expenditure margin narrowest in five years, data shows
-
Caron Bradshaw: The future of risk management
-
£4m charity fund launched to bolster financial resilience
-
New report reveals the highs and lows of UK charity management since 2020
Charity Times video Q&A: In conversation with Hilda Hayo, CEO of Dementia UK
Charity Times editor, Lauren Weymouth, is joined by Dementia UK CEO, Hilda Hayo to discuss why the charity receives such high workplace satisfaction results, what a positive working culture looks like and the importance of lived experience among staff. The pair talk about challenges facing the charity, the impact felt by the pandemic and how it's striving to overcome obstacles and continue to be a highly impactful organisation for anybody affected by dementia.
Charity Times Awards 2023
Mitigating risk and reducing claims
The cost-of-living crisis is impacting charities in a number of ways, including the risks they take. Endsleigh Insurance’s* senior risk management consultant Scott Crichton joins Charity Times to discuss the ramifications of prioritising certain types of risk over others, the financial implications risk can have if not managed properly, and tips for charities to help manage those risks.
* Coming soon… Howden, the new name for Endsleigh.
* Coming soon… Howden, the new name for Endsleigh.
Better Society
© 2021 Perspective Publishing Privacy & Cookies
Recent Stories