England social enterprises can get grants of up to £100,000 to help them “get back on their feet”, under Lottery-funded scheme first set up in 2020, and once again delivered by Big Issue Invest, Key Fund, Resonance, SSE and UnLtd.
PLUS: Access Foundation's flexible finance grantees; Irish government offers €1m for social enterprise awareness-raising; Key Fund reports £447m 'total impact'; Olio and Oddbox lure investors; Social Finance raises $50m; and more.
A £30m budget to tackle homelessness may sound tiny, but the social investment pilot is already leveraging millions more in investment. We unpick the details of a complex collection of funds – and find out what they hope to achieve.
PLUS: $100m MacArthur grant to end homelessness; Dutch VC fund backs digital-only fashion house; ImpactAssets custom investments surge; new pooled fund for southeast Asia; Resonance's launchpad loan for mums' mental health; and more.
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.
PLUS: Resonance makes raft of SITR investments ahead of crunch time for relief scheme; first impact fund for French investment firm Founders Future; Dutch social impact bond repays investors; new Conduit EIS Impact Fund; and more.
PLUS: New impact firm Engine No. 1 to ‘harness capitalism for positive change’; Turner Impact Capital closes $350m workforce housing fund; IIX launches $27m bond to help women rebuild livelihoods, December impact reports; and more.