We’ve asked leaders of the social enterprise and impact community about their takeaways on the Burnham government’s first budget. From homelessness to support for small businesses and community lenders, here’s what you need to know.
This week: Belu celebrates £6.5m of donations to WaterAid; Nearly 120,000 ‘for-purpose’ organisations in New Zealand; Funding CDFIs unlocks affordable lending, investment and financial inclusion, confirms analysis; and more...
This week: new B Lab standards go live for all businesses, ImpactAssets unveils IA50 list, and the GIIN and UNICEF partner to embed children’s outcomes in impact investors’ decisions.
Community development financial institutions have a long history in the US, and the country was admired by others for the success of its CDFI sector. Will a Trump order weaken this legacy?
Campaigners shocked as one of the US president’s latest executive orders could slash work of community development financial institutions, which offer capital to underserved entrepreneurs and businesses.
Social Enterprise UK and Big Society Capital are among nine organisations promoting the Community Enterprise Growth Plan, a “once-in-a-decade opportunity” to accelerate growth of social enterprise in underserved communities.
PLUS: Pioneering revenue-based fund launches in Scotland; Back Market raises $335m in “bullish” circular economy market; AU$8m boost for Queensland social enterprises; Dutch trio backs “truly disruptive” AI firm Envision – and more.
New York Fed-commissioned report looks at current landscape of place-based impact investing and finds firms such as Google and PayPal ploughing tens of millions of dollars in impact funds targeting left-behind communities.
The $1.9tn stimulus bill, like previous assistance packages, is good news for impact investors and social entrepreneurs. But what comes next will be crucial for them to help the new administration fulfill its pledge to build a fairer society.
