DERIC works by assessing the needs for new kinds of community focused opportunities that will benefit all of its population and creating investment funds to support these.
DERiC seeks to offer all its investors bottom line returns while making outstanding contributions towards corporate social responsibility. DERiC investment highlights include:
- An initial £1.05m investment loan from BigSocietyCapital towards its CPCE programme
- Development of a £1m ‘High Net Worth’ individual community investment fund for aimed at investing in all DERiC programmes (CPCE, COLP, COGP and COBA)
- Development of up to three separate corporate sector investment funds (each with a capped value of £1m) aimed at onward investment into DERiC programmes
- Partnership investments with major charitable donors and government.