The Stepping Stones Fund is a unique social investment readiness facility for charitable organisations in Greater London.
London’s voluntary, community and social enterprise sector organisations play a vital role in delivering services to vulnerable and marginalised groups. The sector is going through significant change in the way it secures funding, delivers services and in the way performance is measured and paid for. Organisations now need to consider new or extended ways of generating income, how to widen their customer base, the opportunities to collaborate with other organisations and how to ensure they produce identifiable, replicable outcomes which have a true value to society.
Social investment might be an appropriate financing route for some social sector organisations which are able to generate sufficient revenue.
However, there are many issues to consider before taking on any form of repayable finance and the capacity of an organisation may need to be enhanced to manage an investment. Organisations may also need to test out new business models, to create new services and partnerships and, in so doing, develop a deep understanding of the cost bases to any such innovations and the strength of the impact they generate.
Stepping Stones Fund
The City Bridge Trust's Stepping Stones Fund awards grants of up to £50,000 (or up to half of an organisation's income, whichever is the smaller), for capacity building projects and pilots into ways to deliver better outcomes.
For more details go to FUND
London’s voluntary, community and social enterprise sector organisations play a vital role in delivering services to vulnerable and marginalised groups. The sector is going through significant change in the way it secures funding, delivers services and in the way performance is measured and paid for. Organisations now need to consider new or extended ways of generating income, how to widen their customer base, the opportunities to collaborate with other organisations and how to ensure they produce identifiable, replicable outcomes which have a true value to society.
Social investment might be an appropriate financing route for some social sector organisations which are able to generate sufficient revenue.
However, there are many issues to consider before taking on any form of repayable finance and the capacity of an organisation may need to be enhanced to manage an investment. Organisations may also need to test out new business models, to create new services and partnerships and, in so doing, develop a deep understanding of the cost bases to any such innovations and the strength of the impact they generate.
Stepping Stones Fund
The City Bridge Trust's Stepping Stones Fund awards grants of up to £50,000 (or up to half of an organisation's income, whichever is the smaller), for capacity building projects and pilots into ways to deliver better outcomes.
For more details go to FUND