In spite of all the hype around social investment, only a tiny proportion of the UK’s social enterprises and charities have made use of it. If things are going to change, Big Society Capital must rethink its role, says Eastside Primetimers' CEO.
Has the UK lost its leadership position on impact investing? Does it actually matter? If the new Impact Investing Institute is to retake the lead for the UK, it will first need to establish the direction it wants to lead in, points out our columnist.
PLUS: New $40m fund to bridge short-term financing gaps, Social and Sustainable Capital makes first investment from its housing fund, tech startup OpenSC raises $4m, CIC secures £250k through social investment tax relief, and more.
Plus: Bridges raises £35m for second social outcomes fund, Palladium's first impact fund targets $40m for African small businesses, Scotland's first community-owned school building and impactful chocolate in Indonesia...
Everyone agrees we need more risk finance – so why are social investors still so bad at providing it? Our ‘Equalizer’ David Floyd asks if investors have the bottle to take big risks on ventures that could deliver major social impact.
PLUS: Acumen spinout 60 Decibels raises $1.7m, G20 leaders back more innovative financing to fund SDGs, Encourage Capital raises US$40m to bring clean energy financing solutions to Indian entrepreneurs, and more.
Client demand is prompting more impact investing, according to the latest annual survey from the Global Impact Investing Network (GIIN) – but more skilled professionals will be needed to keep up with growth in the industry.