£81,592,894 disbursed between November 2022 and March 2024; Youth Investment Fund (YIF) — largest fund SIB has ever managed — expanding youth provision in England's most underserved communities
Key Metric 1
Reach Fund supported 170 organisations with £1,922,475 in readiness grants (Dec 2022 – Mar 2024); 33 social investors working with Reach Fund; Enterprise Development Programme (EDP) has supported 330+ organisations with £8m+ in grants since 2018
Key Metric 2
Diversity dashboard covers 11 funds; 46% of successful BAME-led and environmental EDP round organisations in most deprived 20% of areas; team doubled in size with YIF addition
Key Metric 3
YIF expanded youth service provision in communities with highest levels of disadvantage; EDP organisations in Round 4 include women's centre in West Midlands and community energy organisation in London; CEO changes and board renewal with thanks to Chair Hazel Blears (8-year term ending)