More than £500,000 funding is now available for charities looking to break into the London social investment market though City Bridge Trust's Stepping Stones Fund.
This programme, first launched in 2015, has already awarded over £2,185,000 to 49 organisations across 20 London boroughs.
Through the scheme, funding, advice and learning opportunities are made available to help organisations develop their ideas, bring in new technical assistance and get products ready for market.
Previous beneficiaries of the Fund range from charities supporting disadvantaged children and young people, to community projects looking to strengthen local employment skills and education. A full list of previous awards can be found here.
One recent grantee, the Bike Project (pictured above), is using the funding to employ bike mechanics to achieve their mission of getting refugees cycling to help them become better integrated and involved in the community.
The Stepping Stones Fund is underpinned by a strong partnership between City Bridge Trust and UBS. It is a combination of the Trust’s grant making expertise, and the skills and insights of the bank’s corporate volunteers.
For more information about the fund and how to apply visit the Stepping Stones Fund page here.