Catalytic Capital is another word for money. It refers to financial capital or money and in particular the amount of cash and other assets held by an organisation. can be part of Blended finance is the term used to refer to a funding package that consists of both grant/philanthropy and repayable finance. The grant aspect can de-risk an investment proposition or ensure unsecured lending is offered or make the cost of the funding package more affordable. – it can patient: it can de-risk other finance: it can be ‘first loss’ money: it can accept lower returns. In doing so, it can encourage or catalyse other finance providers who perceive social or impact investment to be high risk.