“Fresh momentum”, “great opportunity”, “on a mission”: UK social impact organisations, including Social Enterprise UK, Better Society Capital and the Impact Investing Institute, share first reactions to announcement of 4 July general election.
Cross-sector collaboration – and government money – are needed as funding gap left by mainstream investors prevents the social economy from reaching its full potential, shows first in-depth study of catalytic capital in UK.
‘Diverse-led’ social enterprises often miss out on access to social investment. An obvious solution: involve potential investees in the design of the fund. But it's not a quick win, as social investors UnLtd and Impact Hub Bradford tell us.
UK government announces that community wealth funds will be recipients of expanded dormant assets scheme alongside social investment, youth and financial inclusion, following consultation.
The global impact deals, reports and initiatives you need to know about this month – all in one place. Featuring New Leaf, Fairphone, The Ocean Cleanup, Phenix Capital, and many more.
ACF, School for Social Entrepreneurs and Access Foundation set up taskforce to boost earned income through grants – billed “the missing piece in the finance jigsaw” – by building on success of match trading.
UK government releases more funding from forgotten bank and building society accounts, but questions remain over billions which are, as yet, unallocated.
Since the government-backed social investment wholesaler launched in 2015, it has been distributing funding to others to allocate. Now the first of its money has reached a social enterprise.
Social enterprises with great ideas to transform health and wellbeing in the south west of England can now apply for loans and grants, following the first fund launch from the Access Foundation, writes Lee Mannion.
