Access’ interactive dashboard gives some insights into its £22m Flexible Finance programme. A significant number of the organisations supported by the programme are using the investment to do something new – either aiming to grow through developing a new product or service (34.4%) or looking to grow through expansion or diversification (21.7%).
The Flexible Finance scheme aims to offer something that is mostly missing from the social investment market and that many organisations say they need: patient and flexible finance options. It also aims to reach organisations under-served by the social investment market, such as organisations led by people with protected characteristics.
More information here