Responsible Finance

Responsible Finance

Project: Growing our Potential – Developing Leadership
City:  London   Grant: £60,291

Responsible Finance (Formerly Community Development Finance Association) acts as an industry network for over 56 funds, ethical banks, social lenders and other providers of fair, affordable finance to small businesses, social enterprises and consumers across the UK.

The Growing our Potential project will build on existing initiatives and learning to create a comprehensive, formal leadership development programme for the responsible finance and wider social investment sector. The programme will address the challenges of recruiting, retaining and developing talent in the sector. The skill development programme will engage in two activity strands: 1) A 1-year online leadership development course for current and aspiring leaders, with quarterly in-person 1 day workshops. 2) A 2-day in-person induction course for new board directors and trustees, covering the legal obligations for governance roles.

The objective of the project is to promote diversity, robust governance and financial management, consistency in skills and qualifications, and improved knowledge sharing and collaboration.