UK high street banks have been called upon to support emergency loan fund for social ventures, while social investors promise three-week turnaround and regular reviews to adapt and improve the fund where needed.
A £25m recovery fund, £29m in emergency loans and £50m more as Big Society Capital pledges to "reprioritise and repurpose" existing and future investments – while charities get a long-awaited promise of funding from government.
"No looking back and no preconceptions," promises Lord Victor Adebowale as he begins to dig into UK's £3.5bn social investment market – with consultation of social enterprises to begin shortly.
Bite-sized stories this week from the impact investing and social enterprise world: BlackRock faces up to climate risk, most responsible FTSE 100 firm revealed, Charity Commission opens up conversation on responsible investing, and more.
Bite-sized stories this week – featuring a Middle East opportunity for wellbeing-focused enterprises, scale-up support for those helping people with complex needs, royal accolades for social enterprise leaders, and more.
As the Impact Investing Institute officially launches today, CEO Sarah Gordon speaks to Pioneers Post about her vision to tap into current “momentum and energy” for doing things differently.
Has the UK lost its leadership position on impact investing? Does it actually matter? If the new Impact Investing Institute is to retake the lead for the UK, it will first need to establish the direction it wants to lead in, points out our columnist.
Pressure grows on social investors to address the UK’s dangerous levels of inequality – including seeking out campaigning groups and other equality-focused organisations for their portfolios.
