The Impact for Growth strand is for charities and social enterprises that are seeking to raise investments or contracts.
It includes training, grant funding and support to help organisations develop the impact management systems required to meet the needs of investors or commissioners.
What’s the process?
First, check you are eligible by reading our guidance. If you meet our criteria you can register to attend a free one day impact management training session. This is a first compulsory stage in the process and two people from each organisation can attend. After this, you can then apply for a grant - working with an approved supplier to develop a project that will improve your systems and process. We have £1.8m of funding available in total and expect grants to be around £50,000. We distributed almost £500,000 to 11 organisations in our pilot round which means we have at least 26 further grants to award.
Learn how to use impact data to drive decision-making and improve outcomes.
Understand the building blocks for effective impact management.
Identify providers who could best support your work.
Improve future funding bids.
What’s the timing?
We held the first training sessions in February and March 2017 and grant applications for the pilot round closed in April. We are holding a further five training sessions September to November 2017 and you must first register using this form by 6 September. The grant window will open again on 28 September 2017 until 29 January 2018 with three cut off points for the three Investment & Commissioning Panel meetings.
Please note that you have to work with an approved supplier to submit an Impact for Growth grant application.