INTERVIEW: How can impact investors give a meaningful role to people with lived experience in their decision-making? In the UK, the Venture Studio from Crisis is doing just that. We talk to CEO Matt Downie.
The UK social enterprise is facing allegations of unethical behaviour after increasing fees for property guardians. We explore what happened when tensions stretched between market constraints and stakeholders’ expectations.
PLUS: Access Foundation's flexible finance grantees; Irish government offers €1m for social enterprise awareness-raising; Key Fund reports £447m 'total impact'; Olio and Oddbox lure investors; Social Finance raises $50m; and more.
A £30m budget to tackle homelessness may sound tiny, but the social investment pilot is already leveraging millions more in investment. We unpick the details of a complex collection of funds – and find out what they hope to achieve.
PLUS: $100m MacArthur grant to end homelessness; Dutch VC fund backs digital-only fashion house; ImpactAssets custom investments surge; new pooled fund for southeast Asia; Resonance's launchpad loan for mums' mental health; and more.
PLUS: New impact firm Engine No. 1 to ‘harness capitalism for positive change’; Turner Impact Capital closes $350m workforce housing fund; IIX launches $27m bond to help women rebuild livelihoods, December impact reports; and more.