BBRC’s flagship investment fund, City Funds, is designed to strengthen organisations aiming to solve some of the biggest problems facing Bristol. 

As an impact entrepreneur, you know that having a business-like approach to your ambition is vital to solving more of the difficult social and environmental challenges we face. But you also know that your money needs to align with your impact goals.

At BBRC, we know how a business-like approach can be put to good use in our city and communities. But in the short-term, impact entrepreneurs have to make hard trade-offs between profitability and the impact they really want to see. Because of this, finding the right type of finance for an impact enterprise or community project can be challenging.

Our £10m Impact Investment Fund is designed to advance the ambitions of organisations building positive impact in Bristol. But more than that, we want to partner with you to create this impact. From application to approval to post-investment support, our goal is to help you bring your ambition to life.

Impact themes

City Funds invests in organisations with an ambition to deliver positive impact in Bristol. We use Bristol’s One City Plan to guide us in understanding what positive impact looks like. This means we primarily seek to make impact in six areas:

    Environment

    By 2050 Bristol will be a sustainable city, with low impact on our planet and a healthy environment for all

    Economy and Skills

    By 2050 everyone in Bristol will contribute to a sustainable, inclusive and growing economy from which all will benefit

    Health and Wellbeing

    By 2050 everyone in Bristol will have the opportunity to live a life in which they are mentally and physically healthy

    Homes and Communities

    By 2050 everyone in Bristol will live in a home that meets their needs within a thriving and safe community

    Transport

    By 2050 everyone will be well connected with transport that is efficient, sustainable and inclusive; supporting vibrant local neighbourhoods and a thriving city centre

    Children and Young People

    By 2050 all children and young people will be given a voice to influence and shape the decisions that are important to them. The city will belong to them, providing a place of safety where they can achieve their aims and aspirations

    How we help

    We tailor our investments to maximise your long-term success. There are a number of different levers we can pull to design a financial solution that helps you achieve your ambition.

    Anything from £50k to £1m

    Small projects can have as much impact as large ones, which is why we offer a wide range of investment amounts, either released all at once or when you need it most.

    Loans, equity or a mixture

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    Flexible repayment schedules and holidays

    We can structure loans with capital and interest holidays, or milestone-linked repayments.  This can help you establish strong cash flows at key phases in your project.

    Up to 8 years

    The length of the investment significantly affects repayments. We can issue investments for up to eight years, and potentially profile these for longer. This means we can help you team up with a bank, for example, if you need to find other money to match their offer.

    Affordable and accessible

    Rates will vary depending on your proposal. We aim for our loans to be both affordable and accessible in comparison to the market for small business lending. Generally, our rates on interest-bearing loans will be between 4% and 10%.

    Minimal requirements for guarantees or security

    Security or parent-company guarantees may increase an investment’s affordability. We do not generally seek personal guarantees but do keep in mind that any property used to secure a loan may be repossessed if you do not keep up with loan repayments.

    Please do be aware that in assessing applications for investment, we may be required to perform a credit check on you and your business. Any fees, including interest, charges and due diligence costs, will be agreed on an individual basis. Do ask us if you have any questions about fees and charges associated with investments.

    Who we’ve helped

    We invest in organisations that are using a revenue-generating mechanism to solve a social or environmental problem in Bristol. As a result, our investment portfolio consists of organisations that are:

    • local to Bristol, or partnered with a Bristol-based organisation
    • planning to deliver impact in Bristol in line with our funding priorities
    • generating revenue to support their long-term financial sustainability
    • charities, social enterprises, or private companies with a social mission lock

    Apply for investment

    Bristol & Bath Regional Capital are the investment advisers for City Funds.

    The impact investment journey begins with a simple conversation with BBRC. No lengthy application forms, no deadline dates. Just drop us an email and we’ll take it from there.