Youth organisations are being held back from exploiting opportunities to access social finance because of a lack of business acumen and management skills, according to a report seen exclusively by CYP Now.
The study by the Young Foundation on behalf of the government-backed Catalyst Consortium found that a fifth of youth sector organisations hope to generate at least five per cent of their income from social investment over the next three years.
But fewer than one in 10 are confident about their ability to secure social finance.
The report's authors interviewed more than 100 youth sector leaders and four prominent social investors to gauge the potential for increasing the use of social finance in youth organisations.
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