SIB have one of the largest and most mature social investment portfolios in the UK, and one of the most significant track records in providing finance and support.
The 2018-19 Impact Report details that – between 2002 and 2018-19:
- SIB has disbursed £180m in loan finance to 490 charities and social enterprises to date, alongside £133m of grants (of which £45m was used in blended deals)
- SIB has disbursed a further £115m in grant funding to1,900 organisations
- In 2018-19, SIB currently manage an investment portfolio of £55m.
- Almost 40% of SIB’s portfolio work in the top 20% most deprived areas in the country
The report also establishes SIB’s impact approach and methodology – which outlines our moving away from an emphasis on beneficiary data. Our confidence in our customers’ delivery instead comes from existing systems of oversight from external experts and regulators, and from data we can already collect.
Read the report via the attachment link here.