Impetus - Private Equity Foundation - Financial and other support is available to ambitious, innovative charities and social enterprises that are helping children and young people living in poverty in the UK to succeed at school and work.
Objectives of Fund
Impetus funds and builds a small number of promising charities that are working with disadvantaged young people in the UK with the aim of helping them become stronger organisations that transform the lives of the young people they serve.
The following support is available:
Long-term core funding to enable charities and social enterprises to improve their effectiveness and build their capacity. This funding is linked to the organisation meeting pre-agreed milestones, which are tracked on a quarterly basis.
In-house management support
Hands-on management support is given to the charity by an experienced, in-house investment team to help develop an impact strategy and delivery plan, and to build a great leadership team and sustainable organisation. Impetus investment team members have substantial consulting, financial and voluntary sector experience, and their support spans the entire investment period.
Pro bono expertise
Support from highly skilled experts who volunteer their time and skills to drive the charity's performance through support with business planning, organisational structure, finance, leadership coaching, fundraising strategies and IT systems.
Match Funding Restrictions
Match funding is not a specifed requirement of the scheme.
Who Can Apply
Support is available to registered charities and social enterprises that are helping children and young people (aged 11-24 years) living in economic disadvantage in the UK get the support they need to unlock their full potential, and which have:
A focus on improving the educational attainment or sustained employment of young people from economically disadvantaged backgrounds.
Leadership team and Board that are committed to improving and growing outcomes.
The potential for longer term sustainability and scale to reach larger numbers of young people.
This is a very competitive programme with one out of 40 charities being accepted as a charity partner.
Individuals are not eligible to apply to this scheme.
Funding and expertise are provided to charitable organisations working with disadvantaged young people in the UK to support the development of the whole organisation and not just a particular project or activity.
Support is available for the following:
To fund core activities so that charities can build their capacity to consistently deliver high-quality programmes as they grow.
To help define which young people organisations can serve well, what outcomes they'll deliver, and how they'll monitor and improve performance as they grow.
To develop an impact strategy and delivery plan, and to build a great leadership team and sustainable organisation.
To drive organisations' performances through support with business planning, organisational structure, finance, leadership coaching and performance management.
How To Apply
Applicants should contact the Trust to discuss eligibility.
Useful documents & links