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?

The first stage is for eligible organisations to attend a compulsory one day impact management training session delivered by Impetus-PEF (sign up for this training has now closed). Trained organisations can then apply for a grant - working with an approved supplier to develop a project that will improve 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.

Benefits

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 the deadline to register was 6 September. The grant window will open again on 28 September 2017 until midday 29 January 2018 with cut off dates for the  Investment & Commissioning Panel meetings.

Apply for funding

To apply for a grant you must first attend an impact management training session. If you have done so you can download the application form and guidance here. Please note that you have to work with an approved provider to submit a grant application.

If you have any questions about completing your application please get in touch with SIB via 020 3096 7900 or impactmanagement@sibgroup.org.uk.


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