 Since it was founded in 2002, Venturesome has demonstrated demand for its risk capital approach, the recycling of funds is ahead of target (82% weighted average recovery rate (historical plus expected losses) against 75-80% target.Furthermore, the fund has made a distinctive contribution to growing the UK’s social investment market - 4 years track record of the risk capital model, and leadership of the Social Investment Market Group.Venturesome fills the gap in the financing spectrum between grants and bank loans by providing risk capital and advice to small and medium social enterprises that are UK based.