Venturesome Fund
Venturesome is a risk capital vehicle for charities established and funded by the
Charities Aid Foundation (CAF). The basic idea is to employ ‘mezzanine’ financing
mechanisms, commonly available in the commercial sector, in the voluntary and
community sector.
Venturesome has made two equity investments in social enterprises with a specific
charitable purpose, but it does not regard social enterprises as a sector likely to
supplant charities as its main market.
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