Pitching for finance Social Enterprise North West February 2014

Resonance Social investment company Established since 2002 FCA Authorised Fund Manager Offices in London, Manchester and Cornwall

Our focus We work with transformational social enterprises to help them become “investment ready” and raise capital from values aligned investors We structure, raise and manage focused impact investment funds where these are the right tool to scale up good models for social enterprise VenturesFund Management

Pitching for finance Avoid Consider

Pitching for finance Avoid “this project is really good!” Consider

Pitching for finance Avoid “this project is really good!” Consider Articulate social impact

Pitching for finance Avoid “this project is really good!” “I am not a finance person!” Consider Articulate social impact

Pitching for finance Avoid “this project is really good!” “I am not a finance person!” Consider Articulate social impact Bringing in specialist

Pitching for finance Avoid “this project is really good!” “I am not a finance person!” “Your guess is as good as mine!” Consider Articulate social impact Bringing in specialist

Pitching for finance Avoid “this project is really good!” “I am not a finance person!” “Your guess is as good as mine!” Consider Articulate social impact Bringing in specialist Crystal clear strategy

Pitching for finance Avoid “this project is really good!” “I am not a finance person!” “Your guess is as good as mine!” “I will be doing most of it!” Consider Articulate social impact Bringing in specialist Crystal clear strategy

Pitching for finance Avoid “this project is really good!” “I am not a finance person!” “Your guess is as good as mine!” “I will be doing most of it!” Consider Articulate social impact Bringing in specialist Crystal clear strategy Demonstrate support structure

Pitching for finance Avoid “this project is really good!” “I am not a finance person!” “Your guess is as good as mine!” “I will be doing most of it!” “I hadn’t considered that cost!” Consider Articulate social impact Bringing in specialist Crystal clear strategy Demonstrate support structure

Pitching for finance Avoid “this project is really good!” “I am not a finance person!” “Your guess is as good as mine!” “I will be doing most of it!” “I hadn’t considered that cost!” Consider Articulate social impact Bringing in specialist Crystal clear strategy Demonstrate support structure Building in contingency

Pitching for finance Avoid “this project is really good!” “I am not a finance person!” “Your guess is as good as mine!” “I will be doing most of it!” “I hadn’t considered that cost!” “I need the money now!” Consider Articulate social impact Bringing in specialist Crystal clear strategy Demonstrate support structure Building in contingency

Pitching for finance Avoid “this project is really good!” “I am not a finance person!” “Your guess is as good as mine!” “I will be doing most of it!” “I hadn’t considered that cost!” “I need the money now!” Consider Articulate social impact Bringing in specialist Crystal clear strategy Demonstrate support structure Building in contingency Planning & forecasting

Our funds Loan finance to community groups undertaking housing projects for the benefit of their community Affordable Homes Community Shares Loan finance to community groups undertaking a community share issue to finance a community project Real Lettings Property fund acquiring flats which are then rented to a homeless charity to provide housing

Resonance is committed to supporting the development of a robust and accessible social investment capital market John Williams Investment Manager