Big Society Capital wants to create a £5 million facility for alternative finance platforms to match crowdfunded investments by individuals to charities and social enterprises. We are seeking platforms to partner with us to deliver this fund which will launch in 2016.
Today, we are releasing a Request for Proposals from crowdfunding and alternative finance platforms for the Crowd Match Fund. Please use the Request for Proposal form to submit your response.
The information requested from the platforms in the RfP form is split into three categories:
1. Background and experience – background of running an alternative finance platform
2. Delivery and Approach – proposed approach for using the match fund facility
3. Forecast/ Pipeline – fund financial forecast for types of investments, social sector organisations and investments from the general public
by 5pm on Friday, 15 January 2015 in accordance with guidelines set out in the RfP form.
We are excited about the potential for crowdfunding social investment and making it possible for individuals in the community to invest directly in social enterprises and charities they care about.