Social investment: learning from each other Being investment ready: forming consortia Young Lives Bradford Tuesday 28 th January 2014.

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Presentation transcript:

Social investment: learning from each other Being investment ready: forming consortia Young Lives Bradford Tuesday 28 th January 2014

Being investment ready: forming consortia Background – why a consortium? Early development The SIB Group Funding Young Lives Bradford Consortium - Model and operating structure Investment Readiness Consortia and Social Investment

Being investment ready: forming consortia Background: The effects of austerity Public services – moving from grants to contracts The need for closer collaboration - from network members Feedback from Commissioners on standard of bids The emergence of other consortia

Being investment ready: forming consortia Early Development: Information gathering Initial Forum event Mandate to explore options Consortium Working Group NCVO Guidance Development funding

Being investment ready: forming consortia The SIB Group funding: Pre-feasibility Grants Relatively simple application process £ £10,000 Building Capacity Forming a consortium Coaching and mentoring staff

Being investment ready: forming consortia Young Lives Bradford Consortium – model and operating structure:

Being investment ready: forming consortia Investment Readiness: Protecting autonomy Strengthening organisations Membership criteria Internal consortium activities

Being investment ready: forming consortia Social Investment and Consortia: SPV is the key Ring-fencing of risk Critical mass Internal sub-contracting Indirect access to investment funds

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