Resonance has been working with social enterprises since 2002 and we believe one of the best ways to demonstrate our track record, and the impact of the organizations we have helped, is to practice what we preach and record our own impact in “words and numbers”. Look at what we achieved during our financial year 2017/18.
Growing the market: 32 new investors connected to social enterprises.
Building relationships: 12 investors returned this year to invest again.
Scaling impact: Unlocking £26.5m of new investment for social impact.
Bridge-building: We built bridges between investors and social enterprises by making investments that carried £49.9m of capital to 20 social enterprises from 44 investors in 2017/18.
Systemic change: We have designed 2 new funds, 1 of which was successfully launched, all in pursuit of mobilising capital efficiently for social enterprises to deliver greater social impact
Extending our reach: We made 64 meaningful introductions to third parties for our social enterprises including suppliers, customers, funders, non-executive directors etc.
Wrap around support: We provided 57 social enterprises with investment or supported them through paid consultancy in 2017/18.
Somewhere to call home: 1,276 new people were housed in 2017/18.
People supported: 10,591 other people were supported by the projects we’ve backed.
Communities: 42 communities across the UK have been positively impacted by the social enterprises we’ve supported.