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 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 2021/22.

Investors

  • Growing the market: 6 new investors connected to social enterprises.

  • Building relationships: 7 investors returned this year to invest again.

  • Scaling impact: Unlocking £54.5m of new investment for social impact.

RESONANCE

  • Bridge-building: We built bridges between investors and social enterprises by making investments that carried £17.5m of capital to 34 social enterprises in 2022/23.

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

ENTERPRISEs

  • Extending our reach: We made 17 meaningful introductions to third parties for our social enterprises including suppliers, customers funders, non-executive directors etc.

  • Wrap-around support: We provided 101 social enterprises with investment (34) or supported them through paid consultancy (67) in 2022/23.

PEOPLE & PLACES

  • Somewhere to call home: 3,514 people have been housed in our impact property funds since the first fund launched in 2013 to 31 March 2023.

  • 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.