Impact services - Bristol & Bath Regional Capital

Partnership : Bristol and Bath Regional Capital (BBRC) case study

Bristol & Bath Regional Capital (BBRC) is a public benefit investment company working with local people, companies and institutions in the West of England to catalyse regional change and provide innovative finance solutions. BBRC is owned and supported by prominent names including Bristol City Council, the University of Bristol and The Society of Merchant Venturers.

BBRC saw multiple benefits in joining IFG as a Partner. The organisation gained access to a dedicated impact methodology and acquired the regulatory license required to advise investors and arrange investment deals. Through partnership, IFG and BBRC could moreover share valuable networks and grow the market.

The organisation’s first deal was a particularly innovative social bond for a local social enterprise that wanted to grow its social inclusion programmes and was able to demonstrate a sustainable revenue stream. It was the first to incorporate Social Investment Tax Relief and for this BBRC won the Social Investment Deal of the Year Award at the UK Social Enterprise Awards. The Mayor of Bristol has also announced a strategic partnership between BBRC and the City Office.