Equity Investment in Social Enterprises - A Rare Beast

credit:

Connect Fund has made an equity investment in Singlify, the startup that created the modular and customisable Investment Management system.

Connect Fund is a £3m social investment infrastructure fund managed by The Barrow Cadbury Trust. The Trust was set up in 1920 by Barrow Cadbury, then chairman of the famous family-owned Cadbury chocolate business, and his wife Geraldine.

Singlify is Connect Fund's first equity investment, and one of very few UK social investments using equity rather than debt as a way to provide finance.

Connect Fund issued Singlify with a 'convertible loan note' of £50,000. After 36 months, the investee either repays the loan with zero interest, or it's converted to equity (shares in the business) at a valuation determined at that point.

Read the Entire Article


Recent Grant News Headlines

Up to the minute current grant news from foundations and the federal government from around the Web.





Here are the star companies that have succeeded in their corporate social responsibility (CSR) programs. The companies were gathered by Civic 50, a national initiative to survey and rank S&P 500 corporations on how they engage with the communities they serve and utilize best practices in their corporate cultures.




Nonprofit Jobs in South Carolina

  Program Director Jobs
  Executive Director Jobs
  Social Services Jobs
  Executive Director Jobs
  Substance Abuse Jobs





More Federal Domestic Assistance Programs


Dixie Valley Water Export Study | Weapons Removal and Abatement | National Fish and Wildlife Foundation | Distribution of Receipts to State and Local Governments | Pipeline Safety Program Base Grants |  Site Style by YAML | Grants.gov | Grants | Grants News | Sitemap | Privacy Policy


Edited by: Michael Saunders

© 2004-2024 Copyright Michael Saunders