The North East Social Investment Fund (NESIF) is a fund providing impact focussed investments to charities and social enterprises in the region.
Investments range from £100k to £1m and can be used for a wide range of purposes, including operational costs, working capital, asset purchases, or a combination of purposes.
The investments are available to charities (limited by guarantee or CIO only), CICs (limited by guarantee or shares) and Registered Societies (previously known as ‘Industrial and Provident Societies’, for community benefit).
You must be based in, or have significant operations in, the North East of England, and have the ability to repay the investment over an agreed period.
The fund’s aim is to increase or protect an organisation’s ability to deliver social impact.