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.
One of the UK’s first impact investment specialists, and once describing itself as “Europe’s leading impact investment bank”, ClearlySo went into administration at the end of 2021, owing more than £10m to creditors and shareholders.
Damehood for Caroline Mason, the boss of leading grantmaker and social investor Esmée Fairbairn Foundation, plus accolades for many more in New Year Honours – but questions around an award of ‘empire’ persist.
Covid-19 has highlighted the fact that many common forms of social investment are inflexible and have failed the social enterprises they seek to support, says Ben Smith, head of social investment at Esmée Fairbairn Foundation. But being patient and flexible is not without its challenges.
In the first of a series looking at 'patient, risk bearing' capital, Duncan Brown asks why social investment is so dominated by short-term, rigid debt instruments – and why there's so little support for higher risk, high return social innovation.
Where are the angels? Equity and ‘equity-like’ investment is a key growth tool for many social ventures but the impact investing community has failed to build trust, demand or the right products, new research suggests.