Blog & News from SajeImpact - Tags: Social Impact

18 Weeks and Counting

18 Weeks and Counting

I will be 55 in just 18 weeks time. For me life will be able to take another step into the next season in my life.

When this happens I am hoping to make greater use of this site for my musings on life and the world around! I have one big interview in May which might put these plans back a little bit (about 4 years) but either way there will be more time for travel and writing.

Stay tuned.

Andy


Seasons in Life - The Next one for Andy and Saje Impact

There are seasons to life I believe. Well it certainly feels like that as I start September 201Changes in 2018!8.


A number of Sport Board positions come to their natural end after several years of voluntary service - The Sport & Recreation Alliance , Special Olympic and CIMSPA . I want to thank everybody who has helped and supported me during the last 8 years since leaving Parliament (losing the election!) and welcoming me into the world of sport.

It has been another fascinating learning curve working with a sector I have passion for and trying to bring a fresh perspective and influence practise and policy. I will continue to do this but in different ways over the next 'season', mainly through The Sports Think Tank and through SAJEIMPACT LTD where I have generated a series of partnerships to bring the best people I have worked with to the sector - like David Slemen Sport:80 Services Limited . As always Loughborough University Loughborough University London will play a large part of what I do.

I will announce a few new NED positions too over the coming weeks.

I have always had a passion for my home county so I will be doing more economic growth work in Leicestershire through the LLEP too

Here is to the new season. Even if that includes retiring formally from Birstall RFC!
hashtag#sports

Tags: Social Impact

Sport Impact Fund

Posted: Wed, 27 Jan 2016 11:11

Sport Impact Fund

Sport Impact Fund

Last week saw the first Steering Group meeting of the initiative to set up a Sport Impact Fund and create Social Investment Bonds for the Sport Sector.

Andy said "It was a positive meeting with a desire to explore more fully the opportunities and potential pitfalls in setting up such funding streams. I was grateful to the SRA for hosting & helping with logistics! and for the many partners giving up their time to explore this issue"

The meeting took place after I had a series of chance meetings in the summer of 2015 with the RFU, Numbers for Good, the Cabinet Office and DCMS. It seemed there was a real desire in the sector to look at these new funding models, but the capacity to prioritise these just wasn't there. With the launch of the Arts Impact Fund I realised it might just take a little bit of impetus and support to manage the process. So after I came back from my summer holidays full of the mad ideas I always dream up on the beach I thought I better step in and help make this happen. So in August 2015 I helped set up www.sportimpactfund.com & @sportimpactfund to make the case inside the sector and to the DCMS Sports Strategy Consultation.

I then did another series of meetings to see how much support there was in the sector and got overwhelming backing to look at the feasibility and get people together to make it happen.

I knew when I stepped down as Chair of the Sport and Recreation Alliance I would need another BIG project and this seemed a perfect challenge. I like bringing new ideas to life and to challenge old thinking. Certainly impact bonds and impact loans require a different level of skills from sports bodies used to applying for grants.

So far I have managed to secure the backing of Numbers for Good, DCMS, Cabinet Office, Sport England, Sport & Recreation Alliance, Sport Wales, Supporters Direct, FA, RFU, LTA, School of Hard Knocks, StreetGames and the Sports Think Tank. Of course this list is not exhaustive. There will be hundreds of organisations interested in Social Impact funding as the new Sports Strategy comes into play. But we needed a cross section of the sector – from potential investors to potential customers to share their wishes and desires and to be frank – their barriers. If it was easy it would already be happening and established.

At this first stage we have agreed to look at the feasibility and potential market for the Fund and a Sport Impact Bond. We will be looking at the Arts Impact Fund, some existing Bonds in other sectors as well as the work we are aware is happening in the CSP in Gloucester.

We still have a long way to go. But we would love your support and to sign up to receive news updates via the website or follow us on twitter. We would also love to hear from you more importantly. We need to know about organisations and their experiences and what potential investment funds like these might have in the sector. Remember these are loans (on a favourable basis) that require sports organisations to be contract ready and delivering social impact. They won't be an easy option but they are something we feel will add to the blend of funding available for sport moving forward.

Tags: @sportimpactfund, Social Impact, sport, sport impact fund

Teaming up with NumbersforGood

Posted: Thu, 29 Oct 2015 11:57

Teaming up with NumbersforGood

Teaming up with NumbersforGood

Andy Reed is teaming up with Numbersforgood to co-create an Impact fund for sports that create a social good.

The Sport Impact Fund will be created to help fund sports bodies and charities social impact work. It creates an investment in sport for social good.

"We are delighted to be working with NumbersforGood who have a wealth of experience in this field. This is an exciting opportunity for all parties and we know already there is great interest and demand for this type of funding for the sector.

"There is greater need for different funding models as we move forward into 2016 for sport. The environment is changing and sports bodies need help to steer and navigate through this new world. Teaming up sports expertise with Social Impact financial expertise we can co create something very special.

Tags: Social Impact, Sport

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