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.
The Women in Safe Homes fund, from UK impact investment firm Resonance and real estate manager Patron Capital, aims to buy 650 homes and lease them to charities helping women at risk of homelessness.
New homelessness property fund from UK impact investing firm Resonance scales up ambitions almost four-fold compared to its predecessor – and marks a first in attracting a pension fund investor.
England’s social enterprises have just one week to apply for emergency grants of up to £300,000, as the second round of the Social Enterprise Support Fund opens today.
Social investors go ‘back to grants’ with National Lottery-funded Social Enterprise Support Fund, which offers grants of up to £300,000 – and a deadline closing in just one week’s time.
Providing non-financial support is core to investing for impact. But what does that mean in practice, and how much help can a small investment team realistically offer? The head of UK social investor Resonance takes us behind the scenes.
