Big Society Capital (BSC) was set up in 2012 to help grow the social investment market in the UK.  It is an independent organisation established by the Cabinet office and launched with a £600 million investment fund.  The investment fund comes from dormant bank accounts and four leading UK banks. BSC acts as a champion to help increase awareness and confidence in social investment.  It also acts as  an investor into fund managers like SASC, enabling them in turn to invest in charities and social enterprises to tackle social issues across the UK.  BSC has committed £10 million to the Community Investment Fund and £15 million to the Third Sector Loan Fund.  

Social Investment Business (SIB) is one of the UK’s first social investors.  Its programmes include Communitybuilders, Futurebuilders, the Adventure Capital Fund and the Social Enterprise Investment Fund.  These have allowed SIB to provide over £390 million of loans and grants to over 1,200 social sector organisations across the country.  SIB is an investor in SASC and receives 51% of our profits.  SIB is also an investor in both of our funds, having committed £10 million to the Community Investment Fund and a catalytic first-loss investment of £1.5 million to the Third Sector Loan Fund. 

Santander Bank has extended a £13.5 million debt facility to the Third Sector Investment Fund.  We believe this is the single largest commitment that a leading commercial bank has made to a third party fund supporting social ventures.  The investment is in line with Santander’s commitment to support the growing social investment sector and to invest in small and medium sized organisations.

Power to Change is an independent charitable trust, set up in January 2015 with a £150 million endowment from the Big Lottery Fund, to support, develop and grow community business across England.  Funding and support is available to organisations at each stage of their journey to becoming a sustainable community business, from inspiring and nurturing ideas to expansion. The Trust also plays a broader national leadership and advocacy role in increasing awareness of the social and economic benefits of community business.   SASC launched an innovative ‘blended finance’ pilot with Power to Change in 2015.

Reach Access Fund




SASC has been selected as an “Access Point” for the Reach Fund.  The Reach Fund is a two-year £4 million investment readiness grant programme that has been funded by Access – The Foundation for Social Investment.  Access was set up in 2015 to make it easier for social sector organisations to access social investment and take on repayable finance.  Being an Access Point enables SASC to recommend organisations we are working with directly to the Reach investment readiness support programme.


Good Finance is a website and collaborative project to help improve access to information on social investment for charities and social enterprises. The website aims to improve knowledge of social investment, what it is, what it can be used for and the process it requires.  It also provides organisations with the information they need to make informed investment decisions based on their needs and situations, not on embedded attitudes.


SASC is a member of Community Energy England.  The organisation was established in 2014 as a not for profit organisation, set up to provide a voice for the community energy sector and help create the conditions within which community energy can flourish.