Intervention: Hull
Fund: Community Investment Fund
Date of Investment: July 2016
Impact Area: Housing and local facilities
Beneficiary Group: Vulnerable parents, Vulnerable children (including looked after children)
Child Dynamix is a charity that was established in 2005 in Hull. The charity provides high quality, affordable nursery provision in some of Hull and Grimsby’s most deprived communities.
Child Dynamix has seen first-hand how poverty blights the life chances of children in low income families, putting them at risk of poor outcomes. Child Dynamix’s response to these problems has been multi-faceted. Their services include the provision of many nursery places free of charge.
The loan enabled the purchase and refurbishment of a 53-place nursery (Boulevard) – the charity’s third nursery
Provision of free nursery places in an area of deprivation to enable successful transition to primary school
Children from low income families, facing multiple disadvantages
53 new nursery places in an area of high deprivation
Without the loan to purchase this additional nursery, affordable childcare in the area was very limited
Child Dynamix has the challenge of sustaining enrolment numbers in a diverse community with multiple languages being spoken
All businesses social or otherwise need buildings to run from and the buildings that we’ve got are either unlicensed or they are on a long term lease. For us, investment felt like the next obvious step.
Jane Stafford, CEO
