Access: The Foundation for Social Investment is a new charitable foundation developed in partnership with the UK Cabinet Office, Big Society Capital and Big Lottery Fund.
Access’s purpose, it states, “is to be a champion for those charities and social enterprises that are at early stages of developing new ways of creating income to bring real change to more people’s lives. Access will help to provide these organisations with the finance and support they need, at the beginning of their development — when it is most valuable but often hardest to find.”
Access’s activities will be delivered through partners, administrators and fund managers: it will not deliver programmes itself directly to the front line.
Access is currently developing two new programmes:
- A Growth Fund which combines loan capital with grant money to enable smaller social sector organisations access the types of finance they need to develop.
- And an innovative £60m, ten year capacity-building programme to help organisations develop the skills and resources they need to enable them to grow and thrive.
The organisation has just launched a consultation exercise about the design of this second programme, the Capacity-Building programme, and wants to hear your views.
→ You can participate in the consultation HERE or by Tweeting #accesscapacity.
The programme is being funded in part by receipts from the old Futurebuilders Fund.