Information

The Fair By Design Fund backs innovative and scalable ventures tackling the Poverty Premium. The Poverty Premium refers to the extra costs that low-income households incur when accessing essential goods and services, such as higher energy tariffs or more expensive credit. The fund aims to eliminate these premiums by investing in ventures that provide affordable and accessible solutions for low-income consumers. Entrepreneurs benefit from the fund's financial support, strategic guidance, and access to a network of like-minded investors and social impact organizations.

How to Apply

To apply for the Fair By Design Fund, interested entrepreneurs should visit the fund's website and navigate to the 'Apply' section. Here, they will find detailed information on the application process, including eligibility criteria and required documentation. Applicants are typically asked to submit a business plan, financial projections, and a pitch deck. The fund's team reviews applications on a rolling basis and selects ventures that align with their mission of reducing the Poverty Premium.

Total number of startups invested: 15

Average Funding: The average funding round varies depending on the venture's needs and stage, but typically ranges from £100,000 to £1,000,000.

Industry: The fund primarily focuses on industries that impact low-income households, including energy, finance, insurance, and telecommunications.

Market: United Kingdom