Liverpool city region affordable housing provider Livv Housing Group launches £4.25m investment fund for social enterprise and charities. Tony McDonough reports
Social enterprises and charities across Liverpool city region can apply for cash from a new £4.25m investment.
Housing association Livv Housing Group, which has 13,000 homes in Merseyside and across the North West, is offering a mix of grant and unsecured loan finance of up to £150,000 per application.
With support from Access – the Foundation for Social Investment, the fund will be open for three years, with tailored support offered throughout the process.
Livv and Flourish is the latest in Knowsley-based Livv’s social investment portfolio, with more than £5.2m of support in loans and grants generating an estimated £222m of wellbeing value in the last eight years.
Organisations who received funding previously have used the finance to support thousands of people into employment.
Hundreds of jobs were created or sustained, and over 50 new apprenticeships were introduced. More than 29,000 people were supported with training and developed new skills, while 28,000 more were supported with their physical and mental health.
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Tony Cahill, executive director at Livv Housing Group, said: “We’re incredibly lucky to be surrounded by some fantastic organisations across the borough and wider region that have an inspiring and life-changing impact on our customers and communities.
“Livv and Flourish is designed to help them do even more – to become stronger and more sustainable, to grow and diversify, and to provide even more opportunity and support for those working with them.
If you are a socially-driven organisation keen on receiving investment then click here to find out more and express your interest.