Sector Spotlight - First Ark Social Investment
New to the Autumn edition of the Mitchell Charlesworth Charity Newsletter, we are introducing a ‘Sector Spotlight’. Each edition, we will give an organisation within the sector, or an organisation that can assist the sector, a feature seeking to promote the aims and values of the organisation. In this edition, we are including ‘First Ark Social Investment’.
First Ark help charities and social enterprises grow through either becoming ‘investment ready’ or providing funding for charities. So, over to First Ark!
First Ark Social Investment
What we do is simple – get money to people and projects that make a positive and long lasting social impact. We’re part of First Ark Group, so we’ve got years of experience working with the voluntary and social sectors within the North West, where generating social value is at the heart of everything we do. On a local and national level, we work to influence economic prosperity and invest our money where it has significant impact.
Whether its charities, voluntary groups, or social businesses, we want to make it easier for organisations like yours to get the backing they need to grow faster and help more people.
- We get investment to the people that need it in the North West
- We give more help every step of the way
- We aim to make getting social investment easier
- That means money to more social entrepreneurs
- And more social value for everyone
- We currently have two investment programmes, which are outlined below:
The Reach Fund
A grant programme that offers help to charities and social enterprises to become ‘investment ready’. As an Access Point, we’ll work with you to identify your needs, develop an ‘investment readiness’ plan and apply for the Reach Fund. When looking to raise investment the Reach Fund can be used to help you close a deal or secure an investment.
Invest for Impact
Flexible unsecured blended capital (loan and grant) that includes pre-application and post investment support. The investment can be between £50,000-£150,000 and there’s up to 30% available as a grant. Maximum term is 60 months and interest rates start from 6.5% APR +. There’s no capital repayment in year one and no arrangement or early repayment fees*
Paula from our investment team will be happy to discuss your eligibility for our funds and also offer guidance on applying or answer any questions you may have about First Ark Social Investment. Please feel free to Email Paula.Brown@firstark.com or call 07342 084 167
If you would like your organisation to feature in the next edition of our Charities Newsletter, please contact Cara Bartlett, Marketing Manager, Mitchell Charlesworth on 0151 255 2300 or email email@example.com