Investors
This fund is managed by the Social Investment Business for the Cabinet Office with support from Deutsche Bank.
The fund puts investors at the heart of the process because as providers of investment they both understand what investment ready ventures look like and have a keen a business driven interest in helping social ventures with the greatest chances of success secure this support.
An Investors Panel has been established, chaired by Big Society Capital, which will drive programme design, decision making, the selection of the social ventures who will receive the grant and define the standards of approved investment and contract readiness providers plus opportunities for other investors to be involved.
Who is on the Investors Panel?
Fund performance
The 10 million Investment and Contract Readiness Fund (ICRF) is the world s first fund dedicated to helping charities and social enterprises acquire the skills they need to raise investment and compete for public service contracts, and it has already made a significant and positive impact , according to the independent review by The Boston Consulting Group (BCG).
The fund has already enabled 8 social ventures to raise 35m in new investment or contracts.