KANDO id: 1176220
Corporate information
Company type
Debt fund supporting community projects by providing loans to make up for any shortfall in community share offer.Overview
The Fund provides a source of financing for community projects and supports the growth of community shares. The Fund can help build confidence in a community share offer before it is issued, add momentum to an offer that is underway, or help bridge the gap that may open up at the end of an offer. In this way, communities can be more ambitious when starting new share offers and gain financial support to create assets that will bring lasting benefit to the community.
Fund terms
Fund manager
Vintage
2014
Fund type
Country from which managed
United Kingdom
Fund term
5 years
Funding rounds
Fund Closing GBP 3,000,000
( )
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Big Society Capital | GBP 2,000,000 Initial investment. Led the round. |
Investment preferences
Focus countries
United Kingdom
Investment activity status
Active investor