HEFCE SALIX Institutional Small Projects Fund
After an initial Salix pilot of four clients in 2007, HEFCE and Salix formed a partnership in 2008 and established a 50:50 investment of £20m. Today, there is a client base of 45 clients.
Each client has a sustainable ring-fenced fund and is able to recycle financial savings back into their fund for further investment. Since the start of the programme, £51m of project commitments have created £214m of lifetime savings (figures as end of August 2015).
More information on HEFCE can be found on their website.
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