19 January 2010
Bridges Ventures, the privately owned fund management company with a social mission. The £4.25million investment fund for social enterprises that can upscale their operations to have a higher social impact and have a sustainable business model. The Bridges Social Entrepreneurs Fund will invest up to £1million in each social enterprise. The investment will be through equity-like capital providing social enterprises with the risk capital funding they need to grow. The funding will be repayable with an appropriate return, and the fund will re-invest all repayments and returns into further social enterprises.