We are only able to invest in asset locked organisations at this stage. Equity investments are on hold until the end of 2026.

Pre-investment Grant

We offer a small grant (between £5,000 - £30,000) to help with things like impact consultancy, development of growth plans and financial forecasts, care support, or capacity costs. Our grant is designed to help you build your capacity for investment. To be eligible for the grant, you must apply for the Fund and be selected by a member of the investment team.

To increase access to investment, we recognise that funding alone is not enough. Many underrepresented founders face systemic barriers that prevent them from accessing investment, even when their organisations have strong potential. 

With Pre-investment Support, we provide you with financial and technical support to overcome these barriers, so you can enter the investment process with confidence. 

What Pre-investment Support Covers

We offer a grant of £5,000 - £30,000 (based on your investment readiness needs) to fund specialist support that helps you prepare for investment. This can include:  

  • Impact consultancy,  
  • Customer acquisition strategy, 
  • Development of growth plans and financial forecasts. 

Along with the grant, you will also have access to: 

  • Pro-bono legal support, so you can negotiate with confidence, 
  • Experienced coaches and mentors who understand impact-led organisations, 
  • A dedicated support manager to guide you through the fundraising journey. 

How it Works

Organisations can be held back from accessing investment if they lack the time, capacity, or specialist support to prepare the information investors need to make funding decisions. 

Through the Pre-investment Support process, we: 

  • Identify key development areas together (e.g. customer acquisition, financial modelling, social impact,governance, etc.), 
  • Agree a tailored preparation plan to address the development areas, 
  • Provide technical and financial support in the form of a milestone-linked grant. 

Once this work is complete, you’ll be ready to provide the information investors need for due diligence. At that point, GIF will reassess your investment application and you may either progress to due diligence with us or be referred to other suitable investors. 

Who is Eligible? 

To be eligible for Pre-investment Support, organisations must: 

  • Meet the Growth Impact Fund’s eligibility criteria
  • Not have previously received investment (excluding angel or family funding), 
  • Be preparing to seek investment within 12 months, 
  • Have the capacity to engage in the programme. 

Priority will be given to founders who fall into more than one of GIF’s founder representation groups, and organisations based outside of Greater London (except Barking & Dagenham). 

How to Apply 

To apply for a Pre-investment Grant, submit an application for investment. Our team will review your application and see if you’re a good fit. 

If you’re specifically looking for the Pre-investment Grant, please add this to the box on the second page of the application form that asks, “Is there anything else you would like to share with us about where your organisation currently is in terms of applying for investment?” This will help the team when reviewing your application. 

Who We’ve Helped

Pre-Investment Grant Recipients

Patchwork Hub logo

Patchwork Hub

Patchwork Hub

Founded by:

Beth Kume-Holland

Beth Kume-Holland

Founder & CEO

Pre-investment Grant Usage:

It was used for coaching on articulating social impact, developing strong governance structures, developing a growth plan and financial forecast, and creating a customer acquisition strategy.

£250,000July 2024
Learn more
Living in Fitness logo

Living in Fitness

Living in Fitness

Founded by:

Carl Davis

Carl Davis

Founder & Instructor

Pre-investment Grant Usage:

Living in Fitness received the Pre-investment Grant to work on a comprehensive pre-investment support plan which included coaching on articulating social impact, engaging in market analysis, creating a growth and business plan and translating that into a robust financial forecast. Alongside the technical support, the Pre-investment Grant team advised and coached the founder throughout the diligence process and focused on building confidence through the investment process.

£55,000April 2024
Learn more

More About Our Recipients

The Pre-investment Grant programme helps build capacity and prepare social entrepreneurs for investment. Our goal is to address barriers that diverse and underrepresented founders face when seeking funding.

Grant Success Stories

Through our Pre-investment Grant programme, we’ve helped organisations develop their:

  • Impact assessment and communication
  • Market analysis and growth strategies
  • Financial modelling and forecasts
  • Governance structures and team development
  • Customer acquisition strategies

Each grant is tailored to the specific needs of the organisation, providing both financial and technical support throughout the due diligence process.

Apply today

We invest in people with lived-experience of the issue they're solving.

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The "Growth Impact Fund" is managed by Big Issue Invest Fund Management Ltd (BIIFM). BIIFM is the alternative investment fund manager ("AIFM") of the Fund and is authorised and regulated by the Financial Conduct Authority (FRN: 610618) as a "small authorised UK AIFM" in accordance with article 3(2) of the AIFMD to manage unregulated AIFs. The fund is addressed to professional investors only. Please note that: past performance cannot be relied on as a guide to future performance. The capital of Investors in the Fund is at risk. Any target is not a predictor, projection or guarantee of future performance.

© 2026 Growth Impact Fund, Inc. All rights reserved.