The Care and Wellbeing Fund is an investment fund which aims to develop and scale community-based services to improve people’s health and wellbeing, with a particular focus on long-term conditions such as cancer.

The £12m investment fund is backed by Macmillan Cancer Support and Big Society Capital, with Social Finance Ltd acting as Fund Manager and The Health Foundation as Development Partner. Investments focus around community-based provision, integrated health and social care services, and prevention and wellbeing approaches.

They are looking to invest in ventures that tackle the challenges faced by those with long term health conditions and are structured as social enterprises – either as CICs or limited companies.

Up to 30% of the Fund can be invested directly into social enterprises, supporting them to grow their delivery platforms and scale their impact. The Fund will tailor the structure of its investments to fit the needs of each organisation and can consider both equity and debt  (secured or unsecured).

They are committed to supporting social enterprises that are innovating within the community care space, in order to help them deliver their work. They are actively looking for impactful, scalable operations run by outstanding social enterprises, with a focus on improving health and wellbeing in the community, particularly those supporting people suffering from long-term conditions such as cancer. If you think you could be relevant for investment, please read more about their funding priorities here.

They are looking to invest in projects that meet the following criteria:

  • Improved health and wellbeing
  • Reduce health and economic inequalities
  • Greater independence and dignity
  • Co-created services with their beneficiaries
  • Indirect social impact outcomes:
  • Replicable approach
  • Building capacity within the local health and social care system
  • Improving financial sustainability of health and asocial care

There are no deadlines or formal application processes and discussions can be held at any time.  If you wish to find out more information, you can visit their website here.

Projects between £500K and £2.4m