Creates and manages funds for social impact investments.
Resonance is a UK-based social impact investment company founded in 2002. It focuses on creating and managing impact investment funds that support social enterprises and address social issues across the United Kingdom. The organization's primary areas of focus include tackling homelessness, improving health and wellbeing, supporting community-led projects, and promoting a just transition to a low-carbon economy. Resonance manages several funds, including property funds targeting homelessness and the Resonance Enterprise Investment Fund. The latter, launched in 2023, aims to invest in high-impact social enterprises in the South West, West Midlands, and North West regions of the UK, with plans to expand nationwide. This fund targets a size of £10.1 million and offers Community Investment Tax Relief (CITR) to qualifying investors. The company provides flexible financing options to social enterprises, with investments typically ranging from £100,000 to £300,000 for individual and corporate investors, respectively. Resonance's funds aim to generate both financial returns and measurable social impact. To receive funding, organizations must align with Resonance's impact focus areas and demonstrate potential for growth and scalability. Recent projects supported by Resonance include investments in affordable housing initiatives and social enterprises addressing local community needs.