Are Companies Limited by Guarantee and Industrial and Provident Societies precluded from investment by the Fund?
We recognise that many social enterprises will not be set up in a way that enables them to issue equity and that many social enterprises might not be comfortable with the notion of having an outside shareholder invest in the business. This Fund is looking to invest in those social enterprises that see the value in raising capital from a committed social investor. We believe that adequate capitalisation is critical for social enterprises to successfully scale up and that raising equity capital can be a useful tool to employ. We welcome applications from ambitious social enterprises who want to use equity or quasi-equity to grow, regardless of their legal structure. What do you consider to be an established social enterprise with a proven track record? There are no set cut-offs but most investees will probably have been trading for at least two years and have a turnover of at least £400k. The business model must be proven and there must be a credible trajectory for how the organisation w
Related Questions
- Are Companies Limited by Guarantee and Industrial and Provident Societies precluded from investment by the Fund?
- Why are there no model articles for private companies limited by guarantee or for unlimited companies?
- Which is better for investment purpose—a recurring account or a public provident fund (PPF) account?
