Published on 09 August 2012
Pulse Regeneration has been awarded a major new Government contract to help social ventures to prepare for a social investment of at least £500,000 or to bid for a public service contract with a value in excess of £1m. As one of the first approved providers for the new £10m Investment and Contract Readiness Fund, Pulse Regeneration is uniquely placed to provide grant funded support to organisations that are ambitious and aiming for high growth.
Grants of between £50k and £150k are available to purchase our specialist investment and contract readiness support. The aim of the support will be to increase capacity, which could for example include business planning support, financial planning, strategy development, help in getting tender ready, or help in taking on a community asset.
In a personal letter received from Nick Hurd MP the Minister for Civil Society, commenting on Pulse Regeneration’s involvement, the Minister writes “I am very pleased that you will be supporting this Fund, which will help build the pipeline of investment and contract ready social ventures. With the recent launch of Big Society Capital in April 2012, there will be an additional £600 million of public money provided to grow the social investment market, and it is absolutely critical that social ventures are in a strong enough position to make the most of this new money.”
If you would be interested in receiving our help through the new fund, please click here for more details about how the fund will work, eligibility criteria and to download our short Registration of Interest Form which will enable us to assess your requirements.
Chris Hart, Managing Director of Pulse Regeneration, commented:
“I am really excited that Pulse has been selected as an approved provider for the new Investment and Contract Readiness Fund. We are at the cutting edge of this agenda and are looking forward to working in partnership with ambitious social ventures that are interested in high growth and scaling up their activities. These are extremely challenging times and it is important that we explore new ways of generating long-term income to assist financial sustainability.”
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