New social enterprise fund awarded to the Prince’s Regeneration Trust

March 24, 2014 11:32 am

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The Prince’s Regeneration Trust (PRT) has been awarded a £200,000 Big Lottery Fund development grant to establish an innovative new social enterprise fund that will boost capacity, confidence and wellbeing in deprived communities across the UK through the adaptive reuse of at-risk locally important buildings.

The fund is aimed at the growing number of investors seeking to use their capital to generate social impact as well as financial return. It will invest in social enterprises based in deprived locations to enable them to acquire empty or neglected important local assets before they fall further into disrepair. These buildings will then be redeveloped in partnership with their local community to once again become relevant, engaging and accessible spaces, restoring a sense of purpose, pride and possibility to the area.

For further information,  visit the PRT website

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