SoFab Sports used blended finance & Social Investment Tax Relief to scale their impact
Gloucester-based sports company SoFab specifically works with young adults with learning difficulties. They received social investment from two sources, which they used to open new shops to help young adults with physical and learning disabilities into work. It's also helped them to become more sustainable.
19 December 2019
They received social investment from UnLtd in the form of blended finance (part grant and part loan) and more recently from Resonance using Social Investment Tax Relief.
The investment will help them scale their social impact and grow the retail side of its business, through the purchase of new stock and opening additional premises.