Resonance

Profit Through Purpose

Helping you

MAKE MORE OF AN IMPACT

At Resonance we always start and finish with impact. So, before anything else we work with you to understand your social enterprise and your ambitions, the social impact you are making now and what you want to make in the future. Only then do we discuss how investment could help you accelerate your growth.

Our approach to working with ambitious, high-impact, growing social enterprises recognizes that often in parallel with capital raising, many enterprises also need professional advice around governance, impact and process. Our aim is to invest and strengthen the social enterprises we work with. Therefore, we offer both Capital Raising and Capacity Building services.

CAPITAL RAISING

This can often be a daunting process for any business, particularly if it’s the first time. Resonance is here to help and support you every step of the way.

Deal Preparation
Firstly we work with you to understand your financial needs and business strategy. Creating a business plan will highlight any need for additional documentation such as valuations, legal clarifications, specific due diligence, which in turn helps create a funding plan that identifies the right types of capital providers for you, such as investment funds, foundations, angel investors or banks. Resonance has excellent networks and strong relations with a wide range of investors, allowing us to take a targeted approach that ensures we can find the right investor fit for you, for example making sure that your values are aligned to any potential investors.  This targeted approach improves the probability of a successful capital raise.

Deal Facilitation
You may already have a potential social capital provider in mind, but need help to complete the deal. It may be that your social enterprise might be eligible for a grant under the Reach Foundation, to finance a deal facilitation process. This type of grant could help fund Resonance Impact & Innovation Team (and potentially others such as lawyers or architects) to support you through the documentary process required to complete the capital raise.

Deal Arranging
Once a plan has been developed, our team works with you to establish a joint list of potential investors. From our experience, many investors are focused on specific issues, geography or outcomes, so we would filter them down to a more manageable list of likely partners. Finance arrangement can be an emotional rollercoaster, but we are here to help you through the ups and downs, to ensure you get not only the most appropriate finance to suit your social enterprise, but also an investor that is as passionate as you are, about the social impact you are looking to achieve.

There are two primary sources of social capital

Customized Deal or Private Placement
A single or small number of investors (e.g. a fund or foundation or small group of investors in a syndication or club) providing a large amount of money.  This may mean that the funder will require a seat on the Board or specific reporting.  

Multiple investor or Crowdfunded/Retail
An investment platform raises capital from a broad number of investors, which each provide smaller sums. Examples would be community shares or bonds or an innovative finance ISA.  With multiple investors, each individual would have less influence than if a single investor were involved.

More established enterprises or those with assets, may be able to source traditional bank funding (e.g. mortgage or debenture) to support the social capital already employed.

One of our differentiators is that we work with you to ensure that you have the right investment structure for what you are trying to achieve, so sometimes this could be a combination of the above two sources of social capital.

BUILDING CAPACITY

As any business grows, it evolves and needs support to build capacity around its core product delivery. We are highly experienced at implementing capacity development projects. Here’s examples of how we can help:

Impact Management
Being able to explain the impact of your social enterprise is vital to attract and retain stakeholders. We support by helping you articulate your narrative, design the measures that evidence the change, implement system and communicate.  All to enable the board and executive team to more effectively make good decisions when managing impact

Leadership & Governance
We can support the development of governance frameworks, identify communication channels and reporting needs, define skill gaps and explain best practise. This can even include helping you build and develop a strong leadership team.

Management Reporting
We work with many of our social enterprises to develop reporting tools, from monthly packs through to Annual Reports. This not only helps you make the right decisions for your enterprise, it is also useful for Funders that often require management information to give them both assurance about what is happening within the social enterprise in which they have invested.  

Healthchecks & Diagnostics
Supporting you from an independent viewpoint to help you keep on track with your mission, is a service that we frequently get asked to carry out across a wide range of social enterprises. In addition, sometimes a Funder will commission us to create groups of investees that can be reviewed and work together to learn, share and cooperate as a peer group, so you can benefit from shared learning.

Research
Using our networks and experience we can write and research bespoke studies that can be learning opportunities, data sources, best-practise sharing or reporting on specific subjects.  We can deliver such studies as well as create workshops, scope research programmess, publish results and follow-up with monitoring and implementation plans.  

For deal arranging services we are regulated by the Financial Conduct Authority.

Download our IMPACT LEAFLET

Take a look at our ACH Case Study

If you would like to find out more, please contact

Make an enquiry

Meena Manian

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  • 07590 882095
  • 0161 546 5665
  • Access Foundation
  • Reach Fund Access Point
  • National CLT Network
  • Good Finance

Resonance Limited is a company registered in England and Wales no. 04418625

Resonance Impact Investment Limited, a subsidiary of Resonance Limited, is authorized and regulated by the Financial Conduct Authority (FCA). Firm number 588462.

Disclaimer: This website does not contain, constitute, nor does it form part of, an offer to sell or purchase or a solicitation of an offer to sell or purchase, any securities, investments or financial instruments referred to herein or to enter into any other transaction described herein. Resonance is not providing, and will not provide, any investment advice or recommendation (personal or otherwise) to you in relation to any securities, investments or financial instruments or transactions described herein. Whilst all reasonable care has been taken to ensure the accuracy of the information contained in this website, neither Resonance nor its officers accept any liability for its contents or for any errors or omissions.