PLUS: Scotland’s £30m Third Sector Growth Fund; Ford Foundation seeds Black Feminist Fund with £15m; Big Issue Invest backs Sport England; Neighbourly raises £3m; National Academy for Social Prescribing funds 37 projects; and more.
Community business trust to continue beyond planned closure date of 2022 due to Covid-19, but with a smaller team, fewer direct grants and more partnerships – and needs to raise a further £10m to implement its next five-year strategy.
How do we best nurture mutual aid? In this episode, Vidhya Alakeson and Angela Fell discuss how institutions can create a supportive environment and enable community action – rather than trying to replace it.
How do you distribute £800m – announced recently as part of the planned expansion of the UK's Dormant Assets Scheme – for maximum social impact? Nick Temple, CEO of the Social Investment Business, has three suggestions.
One in seven existing community interest companies was founded since March 2020. But their financial sustainability remains unclear, as does the true extent of pandemic-forced permanent closures – and some fear the worst is yet to come.