InHouse Records

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Inhouse records

InHouse Records is the world's first fully functionally record label launched in prison. As a label for change, their mission is to see safer communities, fewer victims of crime and rehabilitation and employment for ex-offenders with a focus on dignity and aspiration. Since launching in September 2017, InHouse's work has engaged hard-to-reach populations both in prisons and through-the-gate, through music-based training programmes for prisoners and ex-offenders. With a focus on using music to improve core competencies and employability skills, its long-term goal is to help graduates lead empowered, fulfilling, and crime-free lives and, ultimately, to reduce re-offending.

 

Duration
5 years
Cost of capital
6.8%
Turnover
Not available
Investor Details
Figurative
Amount invested
£97,00 (2019: £77,000 and 2021: £20,000)
Product type
Unsecured loan (incl. overdrafts)

Autism Plus

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Autism Plus

Autism Plus supports adults and young people with autism, learning disabilities, mental health conditions and complex needs. They attract referrals from local governments and Clinical Commissioning Groups on a case-by-case basis. Autism Plus employ over 450 people across the north of England in care support services, employment support and social enterprises.

Duration
3 years
Cost of capital
6.5%
Turnover
£12,500,000
Investor Details
Social Investment Business
Amount invested
£360,000 (Loan) + £140,000 (Grant)
Product type
Blended – part grant, part loan

Walking a mile in your shoes

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This year, on Mental Health Awareness Week, it seemed more crucial than ever before to address the topic of mental health within the charities and social enterprise sector. In this piece, Good Finance's Project Manager Ishita, explores the topic of mental health a year after launching a social...

Readipop

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Readipop Studio

Established in 1998, Readipop is an innovative music and arts charity with a strong reputation for inspirational, engaging arts projects that make a positive difference in people's lives.

They provide access to music for vulnerable young people from hard-to-reach areas, including young offenders, the long-term unemployed, Special Educational Needs students, individuals from pupil referral units, and those who are not able to access conventional education. Their music leaders empower young people to learn and improve their music skills; helping them gain confidence in their chosen area and achieve their own goals while improving their emotional and social wellbeing. Readipop work closely with a whole host of other locally based community music programmes and projects to maximise reach and impact.

 

Duration
10 years
Cost of capital
7%
Turnover
£269,000
Investor Details
Big Issue Invest
Amount invested
£90,000
Product type
Secured loan