Turning Point, a leading social enterprise designing and delivering health and social care services, has agreed a loan facility with Social and Sustainable Capital (SASC) to purchase a property in Manchester, where they will be providing accommodation and support services to people with complex health and care needs. The loan, from SASC’s Social and Sustainable [...]
Blue Triangle, a social care provider and Registered Social Landlord (RSL) has received a £4.925m loan from Social and Sustainable Capital’s (SASC)Social and Sustainable Housing Fund II (SASH II) to invest in new properties. Blue Triangle is the first housing association in Scotland to receive investment from the SASH II fund. Founded in 1975, Blue [...]
Positive Steps Partnership (PSP), a Dundee-based charity providing supported accommodation services for vulnerable adults, has received a second social investment loan of £1.11 million from Social and Sustainable Capital (SASC) to purchase properties to house adults with addiction issues, including ex-offenders. This loan is from SASC’s Social and Sustainable Housing Fund II (SASH II) and [...]
Social and Sustainable Capital (SASC) is thrilled to announce a substantial investment of £405,000 from its Community Investment Fund (CIF) in Social adVentures, a leading social enterprise based in Greater Manchester. This investment marks SASC's first investment in the residential children’s home sector, highlighting its commitment to delivering social impact. Founded in 2011, Social adVentures [...]
Ara Recovery for All (Addiction Recovery Agency), a UK charity working with people who are experiencing addiction and mental health issues in Bristol, the South West and Wales, has received a social investment loan of £1.415 million from Social and Sustainable Capital (SASC) to buy properties to house single homeless people. Ara is Bristol City [...]
Independent Domestic Abuse Services (IDAS), the largest specialist charity in the North of England, supporting people affected by domestic abuse and sexual violence, has secured a significant social investment loan of £1.685 million from Social and Sustainable Capital (SASC) to expand its range of safe accommodation for those fleeing abuse. The loan from SASC’s Social [...]
The Brick, a leading UK charity addressing poverty and homelessness across Wigan and Leigh in Greater Manchester, has received a social investment loan of £1.93 million from Social and Sustainable Capital (SASC) alongside £400k of grant funding from Access Foundation’s Cost of Living Social Investment Support Fund* to buy properties to support people experiencing homelessness. [...]
Most readers of this blog will know what a serious social problem domestic abuse is. Governments have recently been recognising its importance, too. In 2019 the UK Parliament appointed Nicole Jacobs as the first Domestic Abuse Commissioner for England and Wales; in 2022 she was reappointed for a second three-year term. In 2018 the Scottish [...]
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Benjamin Rick, co-founder of SASC, has today stepped down as CEO. SASC was founded in 2012 by Ben and Adam Knight. Ben and Adam believed that there were many charities in the UK that could do more to support disadvantaged people if they had access to the right kind of finance. Over the last eleven […]
We wanted to end the year by sharing some of our personal highlights from 2022. During lockdown, SASC has doubled in size, from a small firm where everyone did a bit of everything, to a team structure focussed on specific areas of work that drive the business forward. The achievements of this year are due, [...]
2022 is coming to a close, and it’s a year that brought fresh challenges to businesses and charities with the cost of living crisis impacting organisations at a time when they are still recovering from the pandemic years. All of this means our investment activity is increasingly important. Here we reflect on some of our [...]
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