Locavore’s goal is to make grocery shopping more affordable for shoppers and beneficial to the local economy. The social enterprise supermarket is the latest business to receive support from Social Investment Scotland in the last few months.
NEWS ANALYSIS: Long snubbed in an impact investing market obsessed with returns, ‘blended finance’ has now proven its worth. But securing its survival could be Access’s most important role in the second half of its lifetime.
Do investors care about impact? Often, no: they're more focused on the warm fuzzy feeling of 'doing good'. But some are accepting moderate returns for more impact, and they're crucial to the growth of early-stage social enterprise.
Independent review finds the social investor, which provides a mix of grants and loans to small charities and social enterprises in the UK, has had a major impact – but both its large legacy and its small team are under pressure.
Investing for impact often requires alternative investment structures, but it's not always easy to understand the options. Toniic's John Berger on revenue-based financing, steward ownership and blended finance – and how the Impact Terms Project can help.
Organisations looking to make loans to charities and social enterprises in England have until December to apply to Access’ Growth Fund by submitting an expression of interest, the foundation has announced.