# Futurebuilders England to manage Social Enterprise Investment Fund

- Link: https://fundraising.co.uk/2009/03/12/futurebuilders-england-manage-social-enterprise-investment-fund/
- Published: 2009-03-12T00:38:22+00:00
- Author: Howard Lake

The Department of Health has announced that a consortium led by Futurebuilders England
has been selected as the fund manager of its £100 million Social Enterprise Investment
Fund (SEIF).

 

Together with Partnerships UK, Futurebuilders England will provide extended services
to the Department of Health to support organisations that are, or are aiming to 
become, social enterprises delivering health and/or social care services. Futurebuilders
England will also manage the investments made by the Fund.

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Futurebuilders England will develop a range of financial offers including loans,
grants and equity investment products that can be provided by the Fund.

 

James Stewart, chief executive of Partnerships UK, said: “Social enterprises already
make a huge contribution to the delivery of public services. This contribution is
only going to increase in the future. Partnerships UK is delighted to be working
alongside the Department of Health and Futurebuilders England to help social enterprises
realise their full potential in delivering health and social care services”.

 

The Social Enterprise Investment Fund was developed following the 2007 Comprehensive
Spending Review, and the Department of Health committed £100 million of funding 
for it until March 2011.

 

www.dh.gov.uk

 

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