Pioneers Post by Amelie Snyers

Arts Impact Fund's investment in Village Underground and Hackney Arts Centre has been shortlisted for Good Deal of the Decade by Pioneers Post. An innovate partnership between a commercial organisation and a charity to create opportunities for disenfranchised young people thru music. Vote here.

Arts Impact Fund, Big Issue Invest, and Triodos Bank signed a £1.3m deal in 2017 to take on three leases in Stoke Newington which now form Hackney Arts Centre. A commercial lender pulled out of the initial deal at the last minute, and the gap was filled by the three social investors working together.

Evening Standard by Amelie Snyers

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Social investment firms Big Issue Invest, The Arts Impact Fund and Triodos Bank will put £1.9 million into the project, which is being led by Village Underground, a venue in Shoreditch.

Auro Foxcroft, of Village Underground, said: “All three investors are passionate about the social impact of the Hackney Arts Centre and have been creative and bold in getting us this far.”