Knowsley-based housing association, Livv Housing Group, has launched its biggest ever social investment fund, with a record £4.25 million available to eligible charities and social enterprises.
With support from Access – the Foundation for Social Investment, Livv is offering a blend of grant and unsecured loan finance of up to £150,000 per application. The fund will be open for three years, with tailored support offered throughout the process.
Livv and Flourish is the latest in Livv’s social investment portfolio, with over £5.2m of support in loans and grants generating an incredible £222 million of wellbeing value in the last eight years.
Organisations who received funding previously have used the finance to support thousands of people into employment. Hundreds of jobs were created or sustained, and over 50 new apprenticeships were introduced. Over 29,000 people were supported with training and developed new skills, while 28,000 more were supported with their physical and mental health.
Tony Cahill, Executive Director at Livv Housing Group, said:
“We’re incredibly lucky to be surrounded by some fantastic organisations across the borough and wider region that have an inspiring and life-changing impact on our customers and communities.
“Livv and Flourish is designed to help them do even more – to become stronger and more sustainable, to grow and diversify, and to provide even more opportunity and support for those working with them.
“At Livv we’re focused on creating positive impact and building flourishing communities, working closely with organisations who are making a difference every day. I’d urge any organisation working on shaping a better future for our communities to reach out and find out more about how we can work together to deliver a positive social impact. This is a great opportunity to take things to the next level, and we’re really excited to hear from you.”
Seb Elsworth, chief executive of Access – the Foundation for Social Investment said:
“Thanks to Livv and other partners, our first social investment programme, the Growth Fund, saw more investment in the North West than any other region of England. We are delighted to be supporting Livv’s new fund – backed by the Dormant Assets Scheme – to enable them to continue this important work in the Liverpool City Region supporting charities and social enterprises to grow, increasing their impact, creating jobs and boosting the local economy.”
If you are a socially-driven organisation keen on receiving investment, head to www.livvinvestment.com to find out more and express your interest.