Product Types
We offer different funding products to match different intermediary capabilities and pipeline maturity.
Enterprise Grants
Grant funding deployed through IMOs to frontline charities and social enterprises. Ideal for intermediaries with strong community relationships and an existing pipeline of early-stage enterprises needing non-repayable support.
Best for: Grant-makers with community-embedded pipelines
Includes: Capacity building support to target enterprises
Other & Bespoke
We welcome innovative proposals that don't fit neatly into the above categories. If you have a creative approach to deploying capital into BEM communities, we want to hear about it.
Best for: Innovative intermediaries with specialist approaches
Includes: Thematic or sectoral proposals welcome
Blended Finance
A combination of grant and repayable finance, allowing IMOs to structure deals that match the needs of investment-ready social enterprises. Requires co-investment partnerships and a pipeline that can absorb repayable capital.
Best for: Social investors with co-investment relationships
Includes: First-loss or guarantee structures possible
Not sure which product is right?
You can select one or more product types in your application.
If you're unsure, describe your approach in the proposal summary and the programme team can help you identify the best fit during office hours.
Co-funding & Leverage
Pathway Fund expects intermediaries to bring or attract co-funding alongside our investment.
The target leverage ratio is £1 from Pathway for every £1 to £2.50 from other sources.
This is not a rigid threshold; we assess co-funding intent and pipeline strength, not just confirmed commitments.