Impetus support:

Impetus investment period: 2006 - 2010
Total funding: £360,000
Value of expertise provided to date: £376,000

Background to the investment:

The impetus for our involvement was the fact that Keyfund's model of youth engagement had achieved strong results in the North East for delivering significant benefits to young people, particularly those from marginalised groups. The organisation had created a growing network of youth workers who were using their Keyfund training to deliver a consistent approach to developing skills in young people. However it had outgrown its systems and lacked core capacity.  Our investment recognised the need for initial turnaround support which would then enable the organisation to refine its facilitator training strategy, develop a replication model and grow across and beyond the North East.

Focus of Impetus expertise to date:

Business and implementation planning; systems improvement and financial reporting; organisational structure; balanced scorecard

Senior team recruitment support; legal advice on licensing arrangements; support on building the proposition around the licensing and the marketing strategy

Intensive implementation planning and support

Key achievements:

• Signed four new licences, increasing self-generated income by 40%
• Signed its first licence agreement outside of the North-East, expanding its reach into London.
• Runner-up in the North East Celebration of Learning and Skills Awards for 'Working in the Community'

Find out more about Keyfund Federation