Adventure Capital Fund

The Adventure Capital Fund (ACF) is a unique partnership between three government departments, several Regional Development Agencies and leading players in the field of social and economic regeneration, all of whom are dedicated to the development of long term sustainability of community-based enterprises in areas where traditional market forces fail to apply. The aim is to fill the investment gap that faces community enterprise organisations, and to increase investment-readiness of community organisations wishing to move to greater sustainability through enterprise. The fund which started in December 2002 has a total value of £10,000,000. Prospective applicants should be aware that this fund primarily provides loans rather than grants.
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There is no closing date for applications, and organisations can apply at any time. Applications will be evaluated on a rolling basis, but it can take up to six months to complete an assessment and reach a decision. All main investment decisions are made by an investment panel (comprised of a mix of independents and partners) which normally meets quarterly.
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Contact Information: Stacy Francis, c/o Local Investment Fund
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7th Floor, Ibex House, 42-47 Minories, London, EC3N 1DY
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Tel: 020 7488 3455 E-Mail: info@adventurecapitalfund.org.uk
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