Investing in Dismantling Poverty in Bristol – the Second Year of Impact
The Resonance Bristol SITR Fund is a pioneering social impact investment fund aimed at helping to dismantle poverty in Bristol and the surrounding area by investing in local social enterprises. It takes advantage of Social Investment Tax Relief (SITR) to simultaneously lower the cost of loans for enterprises and to enable a competitive return to investors. After its sixth close in November 2017, the Fund has so far reached over £2.6m, from 99 investors, well on its way towards a target of £5m.
Resonance produces an annual Social Impact Report for each of its funds, describing and measuring the positive difference it has made. This allows investors to see how their investment is contributing to the social impact of the enterprises and helps Resonance and enterprises learn and improve their impact over time. This report covers the second year of the Fund, which remains open for investment and is intended to invest into Bristol social enterprise for years to come.
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.