The Care and Wellbeing Fund was launched in 2015  with £12 million of investment from Big Society Capital and Macmillan Cancer Support. 

The fund was established to develop and scale community-based services to improve health and wellbeing across the country, with a particular focus on long-term conditions such as cancer.

This is a new means of  investing  in and scaling community care, and aims to create services that allow people dealing with long  term health conditions to access the services they  need, when and where they need them.

The Fund has four key priorities:

  • Community based care
  • Integrated care
  • Better use of informal resources
  • Prevention and wellbeing

The fund is managed by Social Finance, a non-profit with a strong track record delivering innovative programmes in the health and social care space.

Partners:

  • Social Finance
  • Big Society Capital
  • Macmillan Cancer Support
  • The Health Support

Programmes of work:

  • End of Life

The Care and Wellbeing fund are looking to work with a cohort of CCGs to establish a social investment model to drive improvements in End of Life Care, delivering wider savings for commissioners.

  • Primary Care and the management of long term conditions

The fund is looking to offer primary care providers a combination of both financial investment and business advisory support. It will tailor the structure of its investments to fit the needs of each organisation, and can consider both equity and debt (secured or unsecured) in amounts from £400,000 to over £1 million.

  • Wider work

The fund are also open to discussing potential investments focused on different areas of health and social care, for example:

  • Improved domiciliary care models
  • Programmes that support social prescribing
  • Housing Associations that offer step-down care facilities to help people move out of acute care safely, and in a way that leaves them in control of their own care
  • Programme or providers that offer vocational rehabilitation

To find out more about this fund please visit the Care and Wellbeing Fund website using the link provided on the right hand side. 

 

Projects between £500K and £2.4m