Big Potential fund

The Big Lottery Fund will be launching its £10million Big Potential fund this summer to help small charities and social enterprises attract social investment.

The fund, which will be delivered by Charity Bank and business support provider Exemplas, is part the Big Lottery Fund’s largest commitment to the social investment market to date.

The programme will be aimed at charities and social enterprises at the beginning of their social investment journey and has been designed to complement a range of other similar initiatives, including the Cabinet Office’s £10million Investment and Contract Readiness Fund.

This development of Big Potential addresses a current gap in investment readiness support identified by a report into the social investment market, commissioned by the Big Lottery Fund and carried out by ClearlySo and New Philanthropy Capital, which shaped the design of the fund.