Zamo Capital – the new company backed by Big Society Capital to scale up social investors – confirms its first deal, which will help Social and Sustainable Capital expand its team and raise more capital for its housing fund.
PLUS: Vital Capital creates emergency debt facility for Africa businesses, Cadent Foundation launches, Oddbox secures £3m for nationwide expansion, and Brazilian startup makes ‘sensational’ exit.
What's it like leading a social enterprise through a global pandemic? The boss of P3 – which took home the SE100 Resilience Award last year – on digging into cash reserves and adapting to constant change.
PLUS: BNP Paribas and European Investment Fund create €10m impact bond fund, SIS Ventures' second fundraise, US foundations back affordable food business Everytable, Dutch firm Tony’s Chocolonely secures new investment, and more.
PLUS: Impact bond firsts in Cambodia and Palestine, Big Issue Invest backs lottery business, Bamboo Capital Partners invests in Indonesian peer-to-peer lending platform, VisionFund raises £10m for microfinance – and more.
As the Impact Investing Institute officially launches today, CEO Sarah Gordon speaks to Pioneers Post about her vision to tap into current “momentum and energy” for doing things differently.
Bite-sized stories this week: the future 'S&P 500 index of social impact'; a new barista training academy; fundraising ambitions for a vulnerable housing fund; and community energy awards.
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...
Our DICE Young Storymaker Yael Berman reports on Moradigna, a São Paulo-based social enterprise that has improved 550 homes (and counting) – providing jobs, dignity and healthier living conditions along the way.
