New Social Accelerator funding

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Thrive is UnLtd’s new social accelerator helping ambitious social ventures to scale.

UnLtd will support over 25 social ventures a year through Thrive. UnLtd will support two groups of social ventures developing solutions in two distinct areas:

• Improving access to employment for those distant from the labour market
• Developing products and services for an ageing society

UnLtd combine six months of intensive support with the opportunity to secure investment of up to £50,000 for your social venture, either through UnLtd or their partners. This gives you the chance to grow your business, and ultimately deliver greater social impact.

Thrive builds on the learning from the Big Venture Challenge work, which supported 120 social ventures to collectively improve the lives of 1.24 million people in the UK and raise over £13m of investment to grow their businesses.

Each venture will get support from a dedicated venture manager (an expert in supporting social entrepreneurs to scale their impact and raise investment) as UnLtd know this hands-on consultative led approach is vital for ventures as they scale. Alongside this, Thrive will provide peer-to-peer networking opportunities, high level connections, and access to appropriate finance. Support is delivered in-house, or where required, bring in external expertise from trusted partners.

Support is tailored, but is built around:
• Business planning, financial modelling and strategic advice
• Raising capital
• Developing routes to market
• Accessing specialist advice
• Developing governance
• Evidencing impact and refining your theory of change

For further information and to apply, visit: www.unltd.org.uk/our-support/scaling-up/thrive

Deadline: Friday 28 September 2018

courtesy MACC EBulletin Michelle Foster