Greater Cambridge Impact is an innovative place-based social impact investment fund.Our missionWe're helping to tackle the systemic inequality in Greater Cambridge that leads to vast differences in life chances across our community.We all know Cambridge's success must create positive outcomes for the whole community, not deepen inequality. And further, that this success can be key to addressing some of our most pressing social challenges.Harnessing our collective strengths – whether world-leading innovation and thought leadership, engaged communities and social projects, or financial support and investment – everyone has a contribution to make.Our approachWe're identifying and supporting the people and programmes that will make change happen.We'll support long-term projects that will join-up to make the greatest difference people's lives. And we're drawing on our collective skills, passion and commitment. We'll work closely with everybody that wants to join us – from communities to charities, local and national government to employers, social enterprises to universities.This work will be enabled by a Social Impact Investment Fund. We are raising an initial £10m. This will be a pilot, demonstrating that impact investment makes a difference for Greater Cambridge, before scaling what works. Cambridge City Council has committed in-principle funding of £1m, underscoring the council's confidence in our mission.