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Community initiatives

The unprecedented nature of the COVID-19 outbreak is having an enormous impact on people’s lives and jobs. The private equity and venture capital industry is responding in an equally unprecedented manner, and we are proud to see so many BVCA members and their portfolio companies working to support our communities across the UK in the fight against the virus.

Below are examples of some of the important contributions to the COVID-19 relief effort.

3i has set up a £5 million charitable fund to help alleviate the impact of COVID-19 by supporting charities and communities affected by the pandemic.

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ACA Aponix is offering complimentary cybersecurity training during the COVID-19 pandemic.

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Advent International has launched the Advent Global Relief Fund (AGRF), comprising an initial US$25 million cornerstone commitment from their senior partners.

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Advent International’s London team has selected seven UK charities to support via the Advent Global Relief Fund.

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AESSEAL, a subsidiary of 3i’s AES Engineering and manufacturer of mechanical seals and support systems, has provided 2,000 face visors free of charge to its local hospital.

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Aspen Pumps has donated safety masks to Wilmslow Health Centre, and purchased £500 worth of food from a local business to donate to a foodbank.

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Blackstone’s NEC in birmingham served as UK field hospital for COVID-19 patients.

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Bloom & Wild, backed by Piper Private Equity and MMC Ventures, is donating 15% of profits to National Emergencies Trust Coronavirus Appeal, plus 40% off for frontline workers.

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BookingLive, backed by the Development Bank of Wales, won a Global Hackathon to provide solutions to the COVID-19 pandemic.

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BrewDog, backed by TSG Consumer, is making and donating free hand sanitisers to the NHS.

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Bridgepoint has set up a £3 million hardship fund to support charities and communities affected
by COVID-19.

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Cadent Foundation, a foundation funded by UK gas network Cadent, commits £240,000 to help food banks in the Trussell Trust’s network.

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CPOMS, a digital safeguarding product for schools and backed by ECI, is offering its services for free.

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CVC investee business Moto has been supporting essential travellers by providing food, drinks and fuel, including supplying NHS workers half-price food and free drinks, and donating surplus food and funding for local charities, hospitals and food banks.

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CVC has established a Pandemic Relief Fund, which together with its portfolio company initiatives, has committed over €75 million to projects that seek to alleviate the consequences of the pandemic.

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CVC portfolio company, Domestic & General, is providing a dedicated team to handle a vital call centre and logistics to support the Salute the NHS initiative which is supplying fresh meals to frontline NHS staff.

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Deliveroo, backed by Bridgepoint, is making 500,000 meals available to NHS workers across the UK for free and encouraging its users to donate money or buy a meal for a doctor or a nurse.

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DW Plastics, backed by Panoramic Growth Equity, has joined an initiative to help with the supply of 3D-printed headbands for face masks.

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EV is using its 3D printers to design and make visor frames that will protect healthcare workers at Norwich & Norfolk hospitals.

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HireHand, a staffing platform backed by Mustard Seed, has used its technology to set up SpareHand, supporting charitable organisations to carry out essential tasks in support of vulnerable populations across the UK.

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The Inflexion Foundation donates £2.5 million to help alleviate the impact of the coronavirus outbreak.

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Kurt Geiger, backed by Cinven, is raising £1 million for the NHS, donating 100% of all profits made from sales of a specially designed tote bag.

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Leon Restaurants is raising money to provide NHS frontline staff with one hot meal a day.

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Lintbells has launched a charity campaign that will raise funds for over 100 registered pet rescue charities across the UK.

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Macquarie Group Foundation to donate AUS$20 million to COVID-19 relief efforts.

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PA Consulting, backed by The Carlyle Group, has coordinated a multi-company taskforce to build more ventilators in the UK.

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Pharmaspectra, a provider of medical affairs data to the pharma and biotech industry, and backed by Inflexion, is providing its coronavirus database free of charge.

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SEP provides COVID-19 support funding to Scottish charities.

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Snap, a Kindred Capital and Oxford Capital-backed intercity travel company, is creating private pop-up bus routes for employers to get their teams back to work safely, ensuring social distancing and avoiding public transport.

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QDOS, a specialist provider of IT and communications services and part of Inflexion-backed Ridgewall, is offering free communication and collaboration products to support those working from home.

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TempoCap, in partnership with the Trussell Trust, has launched the #LunchBank campaign, aimed to support those affected by the current pandemic.

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Times Higher Education, the world leader in university data and rankings backed by Inflexion, is offering its virtual events free of charge and is hosting further events examining the impact of COVID-19 on higher education.

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The Clydeside Distillery, has produced and donated hand sanitiser to care homes, NHS facilities and other charitable organisations throughout the Glasgow area.

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The Fore, a seed funder for the non-profit sector, has launched a new directory of skilled volunteer opportunities with small charities and social enterprises across the UK.

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TTC, a provider of road user education and compliance services backed by Palatine, has donated its spare unused computer capacity to assist vaccine researchers in the fight against COVID-19.

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Waterland to make a €1 million donation to Doctors Without Borders.

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Xtrac, a manufacturer of high-performance transmissions backed by Inflexion, is repurposing parts of its factory to rapidly manufacture medical ventilator components for the Ventilator Challenge UK initiative.

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WEBINARS
BVCA webinars on the impact of COVID-19

 View Recordings


Further information

FOR FURTHER INFORMATION PLEASE CONTACT THE BVCA

 +44 (0)20 7492 0400

 policy@bvca.co.uk