We believe that social investment is absolutely crucial for the third sector. Community groups, charities and social enterprises can all benefit from a wide range of investment, including grants, loans and equity.
Our Third Sector Consortia Company bids for large public sector contracts on behalf of third sector delivery organisations. It is a consortium made up of organisations with expertise in the bidding process and direct delivery of public services.
We are closing the Futurebuilders Fund to new applicants following huge demand from the third sector for social finance. We have been receiving up to £90m worth of enquiries per month.
Liam Byrne MP, Chief Secretary to the Treasury, yesterday said that the next decade could be the best decade ever for social enterprise.