PLUS: Generation Investment raises $1bn to invest in “sustainability revolution”, SIS Ventures makes first equity investment, North East Social Investment Fund invests £700k in employability and education, and more.
The social investment finance intermediary publishes the results of its first year of investments in Bristol. Dangling the carrot of a tax break has encouraged social investment; now outcomes should prove equally attractive.
The Resonance Bristol Social Investment Tax Relief (SITR) Fund has made its first three investments. Investment manager Donna Thomas told us what the Fund means for Bristol and why Resonance is now aiming to bring the benefits to other cities.