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Community shares


Finance for communities wanting to participate in large, professionally managed solar farm developments to then use the profits to fund local projects.


Loans to community organisations in areas of high deprivation to pay for renewable energy equipment and energy efficiency measures.

The Resonance Community Share Underwriting Fund (CSUF) provides a backstop facility to community share issuances that do not manage to raise the target amount of funding they seek.

FSE Group

Supports disadvantaged communities to develop community-owned renewable energy projects that create income for the community.

Ecodynamic has installed a wind turbine to provide green energy and provide consistent revenue to support local projects.

News | 18 September 2015

Pure Leapfrog and Big Society Capital have entered into an agreement under which Big Society Capital will lend £15 million to Leapfrog Bridge Finance Ltd, to fund large-scale community energy projects across the UK.

Blog | 23 January 2015

On Thursday last week the Rt Hon Francis Maude, the Minister for Cabinet Office, hosted an Angels for Good event at number 11 Downing Street to introduce current and prospective social angel investors to social entrepreneurs and members of the angel.

Blog | 25 June 2014

Big Society Capital has today invested £1 million into Resonance's Community Shares Underwriting Fund (CSUF), expanding the Fund’s total value to £2 million and making it the largest of its kind in the UK. 

News | 19 June 2014

The Community Shares Underwriting Fund (CSUF), created and managed by social investment experts Resonance, has today received a £1 million investment from Big Society Capital.

Blog | 14 February 2014

The current UK banking system is highly concentrated (four banks control 85% of SME lending), highly centralised (with one exception all of those banks are in London) and increasingly driven by industralising the loan process. Indeed, as Martin Wolf commented in the FT the “UK banking is a highly interconnected machine whose principal activity is leveraging up property assets.” This provides a real opportunity for Community Development Finance Institutions (CDFIs) (which are regionally based, relationship driven and focused on combining social value and appropriate returns) to satisfy the enormous demand for funding that exists in our communities.