Government sees clear role for impact investing in driving ‘levelling up’ agenda in face of massive social and economic inequality – and financiers are getting on board with the new concept of equality impact investing.
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”.
In the first of a series looking at 'patient, risk bearing' capital, Duncan Brown asks why social investment is so dominated by short-term, rigid debt instruments – and why there's so little support for higher risk, high return social innovation.
Bite-sized news from the impact economy: Australia’s social investment market reviewed, Social Enterprise Academy arrives in Egypt, UnLtd backs 12 new ventures. Plus, Nick Hurd joins Access foundation, and opportunities for social entrepreneurs.