For many social enterprises and charities, navigating the complex world of finding and securing social investment can be quite challenging. The recently launched Good FInance aims to bridge that gap, by improving access to information on social investment for charities and social enterprises. Their objectives are:
- Improve knowledge of social investment: what is it, what can it be used for and what is journey and process are required in finding and securing social investment
- Enable organisations to make informed decisions, based on their needs and situation, not because of embedded attitudes
- Help connect organisations to the right investors to talk to base on shared values
Good Finance is a collaborative project, jointly funded by Access - The Foundation for Social Investment, Big Society Capital and DCMS, with in-kind support provided by members of the steering group.
Us at Sinzer are particularly happy with the fact that besides providing information on social investment and case studies, Good Finance has dedicated a section of their website on Social Impact Measurement. Good Finance underlines that:
"Evicencing social impact is of fundamental interest to social investors. As well as ensuring that you are able to afford to repay the finance, they want to see what impact their investment will make. This is what differentiates social investors from mainstream investors like traditional banks."
Are you a charity or social enterprise looking to measure and manage your impact as part of a social investment journey? Make sure to check out Good Finance's list of Social Impact Advisors. For those paying attention: Sinzer is on it!
Or contact us directly for more information.