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.
Government-backed Fair4All Finance teams up with six social investors to provide a perpetual bond to UK-wide affordable credit pioneer – set to grow ten-fold as a result.
Government lauds social enterprise for its ‘vital role’ in national coronavirus effort, announcing £30m for flexible finance in both crisis and recovery phases via Access Foundation.
PLUS: Covid-19 announcements you may have missed; ADB Ventures tech fund raises first $50m; EU invests €1m in Oneplanetcrowd platform; grants for UK energy innovators; and more from the world of investing for good.
