Alternatives to traditional bank lending have scaled 20-fold to £3,388m from £169m in just eight years, with property funds and non-bank lending on the up, reveals annual market update from the UK’s impact investing wholesaler.
The Big Exchange, co-founded by The Big Issue and a coalition of industry partners, allows UK residents to become impact investors with £25 a month – and has plans to reduce that minimum investment to just £3.
PLUS: Social Impact Ventures rebrands and doubles fund size; Save the Children Australia impact fund opens for business; UN’s first outcomes fund; the new $400m 'blank-cheque' sustainability company; and more.
Launching his organisation's annual conference, Ben Carpenter says "desperate times call for desperate measures" – urging practitioners to call out wrongdoing, from poor impact practice to discrimination.
Although this year's Social Enterprise World Forum was online-only, it didn't stop the delegates making the most of the musical finale with disco-funk legend and philanthropist Nile Rodgers. The wrap film shows the highlights.
As Covid-19 exposes “cracks in economic system”, EVPA chair calls on impact networks and investors to “build a powerful voice”, to “build back a more inclusive and just society” – with impact “at the heart”.