The Resonance Bristol SITR Fund intends to invest in relatively small enterprises, usually making 6 year term loans with repayments starting after 4 years. This is how they describe their model of impact:
What are the enterprises invested in so far?
Of the £2.1m raised in its first year, the fund has made 5 investments totalling £900,000 in the following organisations: South Bristol Sports Centre, Paper Arts, Bristol 24/7, Bearpit Bristol and Chandos House.
Resonance are committed to reporting on the impact of each of their funds annually. You can download a copy of their first year (2016/17) impact report here .