Alongside our grant programmes, the Foundation has made a further commitment to support communities and the Voluntary, Community and Social Enterprise (VCSE) sector through social investment.

As part of our commitment, we supported the Independent Commission on Social Investment, launched by Lord Victor Adebowale CBE. The Commission engaged with over 300 social enterprises, took over twenty hours of recorded evidence and held sixteen engagement sessions with social enterprises, policy workshops and public witness sessions. Its final report on how the social investment market can support the growth of social enterprises is available here.

Fusion21 Foundation has committed £2 million as a founding investor in the Recovery Loan Fund, which is worth more than £20 million in total. The fund provides accessible financial support for organisations in the VCSE sector, whose primary purpose is to improve people’s lives, their environment, and the society they live in.

The Fund was established by Social Investment Business  to make the Recovery Loan Scheme more accessible to UK charities and social enterprises.

Our investment in the Fund aims to increase sector resilience as businesses recover from the last couple of years, while offering crucial support to VCSEs and communities that have been hardest hit by Covid-19.

More information can be found here.