Delivery Plan July 2015- March 2016 Bridging the

Transcript:Delivery Plan July 2015- March 2016 Bridging the:
Delivery Plan July 2015- March 2016 Bridging the gap between smaller charities & social enterprises, and social investors Overview This plan covers the period 1 July 2015 – 31 March 2016 (after which point our plans will run concurrently with the financial year) There are four key themes to our work over the following nine months: Delivering the first rounds of funding from the Growth Fund and building the pipeline Consulting widely on the objectives for and the design of the capacity building grant programme; Defining our role as a market development champion; and Developing our long-term investment plan for managing our endowment as part of a total impact approach across all our activities. Plus three further enablers which underpin our work These areas will develop following the stakeholder consultation exercise to begin in Q1. All acronyms used below are explained in this glossary. N.B. All links in this document will only work when viewed as a slide show. Our Mission: Bridging the gap between smaller charities & social enterprises, and social investors Deliver the first year of the Growth Fund to provide more of the right sort of finance for smaller charities and social enterprises, and capture initial learning about how to blend loans and grants Consult on the design of our capacity building programme and identify obvious gaps in provision, tender for first programmes to be delivered in early 2016 Develop our role as a market development champion, provide clear information to Charities and Social Enterprises about our role, share data on our performance and impact, and build partnerships which will deliver value In 2015-16 we will While building strong foundations Share lessons and advice from adopting a ‘Total Impact’ approach across all our activities. Recruit a great team and support the board and committees to perform and make the best decisions Develop effective, efficient and proportionate systems, processes and infrastructure Build our strategy for the future This plan sits in the context of our overall strategy 1 2 3 4 Our plan for delivering the first year of the Growth Fund Where we are now: Fund opened in May 2015 June JIC meeting considered two applications, blog published on outcomes of the meeting 12 EoIs received to date, seven applications invited Drafting of investment manual underway Where we want to be by March 2016: Lending from SIFIs into charities and social enterprises is well underway Partnerships formed