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 impact management systems required to meet the needs of investors or commissioners.
What’s the process?
Eligible charities and social enterprises must first attend a free one day impact management training session. After this, they can then apply for a grant - working with an approved supplier to develop a project that will improve systems and process. We have a £1.8m grant fund available and expect to distribute around 40 grants over the two year programme. We have just closed the pilot round!
- 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?
The first training sessions were held in February and March 2017 and applications for the pilot round of grants closed 10 April 2017. We expect to distribute 10 grants at this stage, with the main round of grants distributed from Q4 2017. We will hold further training sessions from September 2017.
Please note that you have to work with an approved supplier to submit an Impact for Growth grant application.