Bite-sized news from the impact economy: Australia’s social investment market reviewed, Social Enterprise Academy arrives in Egypt, UnLtd backs 12 new ventures. Plus, Nick Hurd joins Access foundation, and opportunities for social entrepreneurs.
The sale of 166-year-old Clarity & Co. to a South African owner has secured all 85 jobs. Statement promises new company “will continue to operate as a social enterprise”.
Bite-sized stories this week from the impact economy around the world: ups and downs in Europe's social enterprise movement, Omidyar's latest spinout, Malaysian businesses get new accrediation, new appointments and a sad departure.
The CEO of Big Society Capital, Cliff Prior, is to move on from the UK’s impact investment giant after four years at the helm. Prior will be taking up an international remit to lead the Global Steering Group for Impact Investment.
PLUS: Sustainability ratings provider EcoVadis secures €200m investment, new fund to back SMEs addressing malnutrition in Africa, European Social Catalyst Fund launches, Brexit donor sets up £100m charitable foundation, and more.
Six ambitious community partnerships will take part in a £33m experiment that aims to turn around their fortunes through a mix of grants, enterprise and investment.
What does ‘investment-ready’ actually mean? At the Impact!Africa Social Entrepreneurship Summit in Nairobi last month, representatives from four different impact funds shared their tips.
VIDEO: What does investing for impact actually mean? How does such an investor behave, and what principles do they live by? Watch this 5-minute introduction to EVPA's new Charter of Investors for Impact.