NAME OF ORGANISATION: Bristol Beacon
LOCATION: Bristol & South West
YEAR FOUNDED: 2011
ABOUT: Bristol Beacon (formerly Bristol Music Trust) is a music charity and education hub which promotes musical involvement and community engagement, focusing on diversity and inclusion.
INVESTMENT PURPOSE: The investment acted as working capital to finance Bristol Beacon’s award-winning education hub programme.
INVESTMENT AMOUNT: £100,000
DATE OF INVESTMENT: September 2019
SOURCE OF INVESTMENT: Resonance South West SITR Fund
IMPACT: Art, Culture & Sport, Education & Learning
ABOUT: Bristol Beacon is a music charity and education hub which promotes musical involvement and community engagement. Bristol Beacon host over 200 concerts a year at more than 35 Bristol/Bath venues with the aim of ‘sharing the unity and joy of live music.’
As well as encouraging listening to music, Bristol Beacon also, with a strong focus on diversity and inclusion, support musicians and create education opportunities for young adults. £400,000 of targeted investments through the Bristol Beacon’s Earthsong programme went into providing free music lessons and instruments to 13 schools in areas of high depravation, and £60,000 a year is invested into free music tuition for children in care and with disabilities.
PURPOSE OF INVESTMENT: The investment from the South West SITR Fund acted as working capital to finance Bristol Beacon’s award-winning education hub programme. This programme has facilitated 91% of schools in Bristol in making music and invests £46,000 towards producing their musical education curriculum across the city each year. Musical education is not as easy to access for those in more deprived communities as it is for others, that is why this programme is so important, Bristol Beacon makes musical education accessible to thousands of children in the South West.
Since this investment 67% more young people enjoyed music-based activities and events than they did prior to the investment.
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.
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