Conservative MP and civil society review author Danny Kruger highlights new funds that social enterprises should watch, adding that Treasury ministers are “very supportive” of social enterprise – but also “very distracted” right now.
How do you distribute £800m – announced recently as part of the planned expansion of the UK's Dormant Assets Scheme – for maximum social impact? Nick Temple, CEO of the Social Investment Business, has three suggestions.
Social enterprise leaders welcome new funds but warn that rolling out £800m Dormant Assets Scheme without careful planning would be a “massive mistake” – while shadow charities minister says policy is “scraping the barrel”.
UK government releases more funding from forgotten bank and building society accounts, but questions remain over billions which are, as yet, unallocated.
Stocks, shares, pensions. There's potentially loads of money just lying about that could be handed to social ventures apparently. But will the companies managing the assets hand it over?