Bridges Ventures reports to its investors on both financial progress and social and economic impact.
The social impact report for Bridges CDV Fund I for the year to 31st March 2007 concluded that the fund:
- has >80% of its investment in the most deprived 10% of wards
- supports over 700 jobs in the Bridges Ventures target areas
- has invested in companies that created over 200 jobs for people who were formerly unemployed
- creates expenditure of at least £1.55 in the target areas for every £1 invested
- has made investments which support entrepreneurs as role models that could inspire others
- has leveraged £4 for every £1 invested
- Is demonstrating that it is possible to make commercially successful investments in deprived areas and achieve positive social benefits
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