The answer is staring them in the face, but the Labour government still doesn't seem to recognise social enterprise as a solution to delivering its promises – and stick to the same old debates intead.
INTERVIEW: Social enterprises too often slip into ‘charity talk’, so how can they be taken seriously as an economic force by the UK government? The chair of Social Enterprise UK discusses his meetings with Keir Starmer, his impatience for change in social investment – and racism.
£440m of dormant assets is allocated in new government strategy, including £87.5m for social investment and a commitment to follow sector recommendations – but the amount remains ‘modest’ in the face of current challenges.
This week: UK trusts collaborate to back first Black female-founded social investor; Aunnie Patton Power aims to scale ‘innovative finance’; Tribe acquires Snowball – and B Corps feature in their own film series.
Social investors are under fire for not meeting the needs of the social entrepreneurs they seek to support. Could a collaborative apporach to the creation of impact funds be the solution?
UK social investment industry still ‘designed to favour social bankers, not social businesses’, concludes Social Enterprise UK’s ‘report card’ on the Adebowale Commission.
How do you make social investment truly inclusive? Three UK initiatives – Good Finance, Ubele Initiative and CAF Venturesome – working to widen access to support and funding share what they have learned.
UK equity and racial justice fund attracts hundreds of leaders and founders from underrepresented backgrounds – debunking fears that there would be insufficient demand from diverse leaders, fund manager says.
There’s a new wave of diverse-led social enterprises in the UK, many ambitious and ready to grow. Yet often they’re unaware of, or unable to access, the right support or investment – or they're discouraged to even try. What needs to change?