Nick is CEO of Social Investment Business (SIB), which he joined in January 2018. SIB helps charities and social enterprises get the money and support they need to improve people’s lives. Since 2002, SIB has provided over £400m worth of loans and grants to charities and social enterprises, and enabled 700 organisations to become more resilient through business support programmes.
Previously, Nick was Deputy CEO at Social Enterprise UK, where he helped treble membership numbers, develop the Buy Social Corporate Challenge, and oversaw its research function, including the State of Social Enterprise report. Before that, he was Director of Policy & Communications at the School for Social Entrepreneurs, and led the expansion of their social franchise across the country.
Nick is on the board of Social Value UK, the UK National Advisory Board for Impact Investing, Charity Bank’s Social Sector Advisory Panel, Big Issue Invest’s Investment Committee, and the Diversity Forum for Social Investment.
Government-backed Covid lending schemes have been a lifeline – but in the long term, high levels of debt cause problems. One solution: transitioning at-risk, viable private businesses into employee or community ownership at scale.
How do you distribute £800m – announced recently as part of the planned expansion of the UK's Dormant Assets Scheme – for maximum social impact? Nick Temple, CEO of the Social Investment Business, has three suggestions.
New data is released today from one of the UK's earliest social investment funds, the £142m Futurebuilders fund created in 2004. The lessons learned can help us to design the right kind of finance now, writes Social Investment Business CEO Nick Temple.
Any part of the social investment market that isn’t helping charities and social enterprises to access the right finance needs a rethink, writes The Social Investment Business CEO, as he picks up on the debate on reshaping social finance.
Social enterprises are no longer merely viewed as “pipeline” or “deal flow” by social investors. Instead, their needs for flexible, aligned and appropriate finance are recognised, says Nick Temple. But challenges remain.
The Buy Social Corporate Challenge aims to get leading corporates to spend £1bn on social enterprises by 2020. Social Enterprise UK's Nick Temple explains more following yesterday's launch in Downing Street.