Profit Through Purpose

OUR IMPACT

WE START AND FINISH
WITH IMPACT

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 organisations 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 2023/24.

Investors

  • Growing the market: We've worked with 170 investors over the years, 87 of which have made single investments. 1 new investor was added this year.

  • Building relationships: 83 investors have returned to invest again over the years, joining our community of repeat investors. 2 investors returned again this year. 

  • Scaling impact: Unlocking £4m of new investment for social impact.

RESONANCE

  • Bridge-building: We built bridges between investors and social enterprises by making investments that carried £27.3m of capital to 24 social enterprises in 2023/24.

  • Systemic change: We have launched 1 new fund, all in pursuit of mobilising capital efficiently for social enterprises to deliver greater social impact.

ENTERPRISEs

  • Extending our reach: We made 13 meaningful introductions to third parties for our social enterprises including suppliers, customers funders, non-executive directors etc.

  • Wrap-around support: We provided 24 social enterprises with investment and supported 110 social enterprises through paid consultancy. In total we worked with 134 social enterprises

PEOPLE & PLACES

  • Somewhere to call home: 3,926 people have been housed in our impact property funds since the first fund launched in 2013 to 31 March 2024.

  • Places: Our place based investment strategy for our property funds currently covers the following nine cities: London, Bristol, Oxford, Milton Keynes, Manchester, Bradford, Liverpool, Sheffield and Edinburgh.