First Big Potential Evaluation Report Released
The first BIG Potential Breakthrough Evaluation Report has now been published and you can view it here.
Big Potential is now the most significant investment readiness fund in the country. Both the Big Lottery Fund and Social Investment Business prioritise the process of evaluation and believe it is vital that the lessons we have learned are shared with the wider market and also help to shape the programme going forwards. This report aims to make social investment better through the process of being transparent and sharing our experience.
Some key findings from the report are:
- 3,898 VCSEs have registered on the Big Potential Breakthrough website
- The average grant awarded is £31,248 per organisation
- Nearly £1 million of grant awards have been made
- Disability-led VCSEs are not being engaged sufficiently
Big Potential Breakthrough is still at an early stage but this first evaluation is important in making sure that the investment readiness programme continues to develop and adapt to the needs of the VCSEs it seeks to fund.