Philanthropic capital

Capital offered for investment which focuses more on the impact that an organisation is delivering on instead of the potential return of investment. As a result this type of capital is usually able to tolerate making higher risk investments. 

 

HQ Recording Studio

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Yasin El Ashrafi

HQ Recording Studio provides a relaxed, creative environment located in the heart of Leicester city centre. At the beginning of 2019, they completed an extensive refurbishment enabling them to have high quality recording facilities across two rooms, with the latest in cutting edge digital software and hardware.

Duration
5 years
Cost of capital
3.25%
Turnover
£135,868
Investor Details
Key Fund
Amount invested
£50,000
Product type
Blended – part grant, part loan

Pop Up Projects

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Pop Up Projects

Pop Up Projects is a non-profit children's literature agency with a mission to transform lives through literature, especially through working with people in deprived places and challenging circumstances. Pop Up Projects delivers on this mission through three distinct strands of activities: working with primary, secondary, SEN schools to produce an annual nationwide children's literature festival; developing emerging talent to ensure that the next generation of children's writers and illustrators is more diverse; and providing advisory services for peer organisations with complementary missions.

 

Duration
5 years
Cost of capital
8%
Turnover
Not available
Investor Details
Nesta Impact Investments
Amount invested
£150,000
Product type
Unsecured loan (incl. overdrafts)

IRIE! Dance Theatre

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IRIE! Dance Theatre

IRIE! dance theatre is the UK's leading dance theatre company delivering creative, educational and artistic activities in African and Caribbean dance. Based in the historic Moonshot Centre in South London, IRIE!'s mission is to support the personal wellbeing and community cohesion of the diverse population in its local area through dance.

The organisation has two distinct but interrelated strands of activities: a wide-ranging community offer across diverse dance styles for young people, adults, families, and older people; and a comprehensive education, training, and professional development offer spanning schools workshops, a degree programme, masterclasses, and residencies for emerging dance artists.

 

Duration
5 years
Cost of capital
7.05%
Turnover
£382,850
Investor Details
Figurative
Amount invested
£100,000
Product type
Unsecured loan (incl. overdrafts)

Mansfield CVS

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Mansfield CVS

Mansfield CVS is an infrastructure organisation that has been supporting the community and voluntary sector in Mansfield for over 40 years.

MCVS are a landlord providing serviced offices for tenants and individual room hires for events. They also deliver local authority contracts e.g. public patient engagement CCG, County Council - volunteer co-ordination and Sport England.

 

Duration
3 years
Cost of capital
6%
Turnover
£317,459
Investor Details
Key Fund
Amount invested
£23,000
Product type
Unsecured loan (incl. overdrafts)