Privacy Policy

You will find our privacy statement, data protection policy and information sharing policy in this section. If you have any concerns about privacy or about how your data is used, please contact us.

This site is owned by the Social Investment Business.

The Social Investment Business is the trading name for Social Investment Business Foundation, Registered in England No. 05777484, The Social Investment Business Limited, Registered in England No. 06490609 and Futurebuilders-England Limited, Registered in England No. 05066676. Registered Office: CAN Mezzanine Borough, 7-14 Great Dover Street, London, SE1 4YR.

Access to and use of this site both within the UK and internationally is provided by the Social Investment Business on the terms outlined on this page.

By using http://www.reachfund.org.uk/ you agree to be bound by these terms, which shall take effect immediately on your first use of http://www.reachfund.org.uk/. If you do not agree to be bound by all of the following terms please do not access, use and/or contribute to http://www.reachfund.org.uk/.

The Social Investment Business may change these terms from time to time and so you should check these terms regularly. Your continued use of the site will be deemed acceptance of the updated or amended terms. If you do not agree to the changes, you should cease using this website.

Our Privacy Policy

Personal Information and Security

This privacy policy sets out how the Social Investment Business uses and protects any information that you give The Social Investment Business when you use this website. It should be read in conjunction with The Social Investment Business’s Data Protection Policy.

The Social Investment Business is committed to ensuring that your privacy is protected. Should we ask you to provide certain information by which you can be identified when using this website, you can be assured that it will only be used in accordance with this privacy statement. We will only collect information that is relevant to providing our service.

We are committed to ensuring that your information is secure. In order to prevent unauthorised access or disclosure we have put in place suitable physical, electronic and managerial procedures to safeguard and secure the information we collect online.

Cookies

A cookie is a small amount of data that is transferred to your browser by a web  server when you access a website that employs cookies.

We share your visit data with Google for benchmarking purposes. This is an industry standard package that helps us track traffic to our website. Cookies deployed by the analytics package includes _umta, _umtb, _umtc, _umtv and _umtz.

The Social Investment Business does not use any third party cookies on your computer which will store and transmit any personal information or be used to target you with advertising.

Links to other websites

Our website may contain links to enable you to visit other websites of interest easily.

However, once you have used these links to leave our site, you should note that we do not have any control over that other website. Therefore, we cannot be responsible for the protection and privacy of any information which you provide while visiting such sites and such sites are not governed by this privacy statement. You should exercise caution and look at the privacy statement applicable to the website in question.

The Social Investment Business may change this policy periodically by updating this page. You should check this page from time to time to ensure that you are happy with any changes.
 

Our Data Protection Policy

The Social Investment Business recognises its legal obligation to comply with the 1998 Data Protection Act and is registered as a data controller under the Act (ref: Z8555751).

The Social Investment Business collects and uses certain types of information about people with whom it deals in order to fulfil its business purposes. The main purposes for which we use personal data are for staff administration; advertising; marketing and public relations; accounts and records; benefits; loans and grants administration; and information and data bank administration.

The people that we hold these types of information on are applicants for loans and grants; current, past and prospective employees; suppliers and contractors; and other contacts with whom we communicate.

The Social Investment Business fully endorses and adheres to the principles of the 1998 Data Protection Act. We have appropriate data protection policies and procedures in place to ensure that our employees treat personal information lawfully and correctly. We have also trained our employees to manage and handle personal information in accordance with the requirements of the Act. Our data handling processes and procedures are regularly reviewed and audited for compliance.

The 1998 Act sets out eight data protection principles. The Social Investment Business is committed to complying with these principles and all other aspects of the Act and in particular will seek to ensure that all personal data held by us is:

(i) processed fairly and lawfully

we will seek to ensure that individuals whose data we hold know what we intend to do with their personal information
wherever necessary and appropriate we will seek individuals’ consent to the processing of their personal data
we will not share your personal data with other organisations unless you have given us permission to do so

(ii) obtained for specified and lawful purposes, and shall not be further processed in any manner incompatible with that purpose or those purposes

we will use the personal data that we hold for our business purposes only and in accordance with the processing purposes as stated in our notification with the Information Commissioner’s Office

(iii) adequate, relevant and not excessive in relation to the purposes for which it is held

we will only store and use individuals’ personal data for our reasonable and legitimate business activities

(iv) accurate and up to date

we will always try to ensure the quality of our information
we welcome and encourage individuals to inform us if they believe any of our information is inaccurate so that we can update our information sources accordingly

(v) not kept for longer than necessary for the purposes for which it is held

we operate a retention policy to ensure that old or surplus personal data is removed from our records after a reasonable period of time

(vi) processed in accordance with the rights of the individual concerned

we will seek to comply with individual requests and notices
we will provide data subject access to personal information in accordance with the Act
we will prevent processing in certain circumstances, if requested
we will correct, rectify, block or erase information which is regarded as wrong information, when notified

(vii) kept securely to avoid accidental loss, destruction or damage to personal data we operate appropriate organisational and technical security arrangements in relation to all personal data we hold

(viii) not transferred out of the European Economic Area (“EEA”) without appropriate safeguards

we recognise that personal data needs to be treated with particular care in countries which do not have reciprocal data protection laws
we will not transfer personal data outside the EEA without the individual’s consent or suitable safeguards
 

Information Sharing Policy

The Social Investment Business has been under the management of the Social Investment Business Foundation since 1 April 2008. The investment funds, staff teams and processes of the two organisations remain separate and all investment decisions are made through each organisation’s own governance structures.

If an organisation applies to The Social Investment Business or SIB Foundation for funding, the information provided in support of the application will not be shared between the two funds without the express permission of the applicant organisation.

The purpose of any such request to share information will be to ensure that as complete a picture is known of the organisation in order to enable the respective funds to make fully informed decisions on an application. If an organisation is already in receipt of funds from either The Social Investment Business or SIB Foundation and is making a further application for new funding, information sharing may be requested so that the funds are placed in the best possible position to be able to continue to support the organisation.

This policy has been agreed by both The Social Investment Business and SIB Foundation and will be kept under review.