North East Social Investment Fund (NESIF)

Grant criteria

The social investment team is looking to speak to charities (limited by guarantee or CIO only), CICs (limited by guarantee or shares) and Registered Societies (previously known as ‘Industrial and Provident Societies’, for community benefit). They must be based in, or have significant operations in, the North East of England, and have the ability to repay the investment over an agreed period.

Application procedure

The North East Social Investment Company (NESIC) has launched The North East Social Investment Fund (NESIF), the first fund of its kind in England. NESIF is a £10.2 million fund set up specifically to provide investment to organisations that are passionate about making a positive social impact by taking on some of the big social challenges faced by the region. These challenges include homelessness, poverty, unemployment, health and social care, mental health, offender rehabilitation and the regeneration of deprived communities. The social investments NESIF can offer range in size from 100k to £1 million and work alongside banks and other sources of finance to deliver the right package of funding designed to meet each organisation’s circumstances and needs.