Pioneering researcher argues need for higher expectations of impact investing, as global problems are worsening despite growing investment, while TIIP’s Monique Aiken bets on innovation and says we shouldn’t do things like it’s 2019.
PLUS: Access Foundation's flexible finance grantees; Irish government offers €1m for social enterprise awareness-raising; Key Fund reports £447m 'total impact'; Olio and Oddbox lure investors; Social Finance raises $50m; and more.
A £30m budget to tackle homelessness may sound tiny, but the social investment pilot is already leveraging millions more in investment. We unpick the details of a complex collection of funds – and find out what they hope to achieve.
PLUS: Africa's first social bonds; first Women's Livelihood Bond matures; $58m fund to help farmers adapt to climate change; Bridges sells majority stake in World of Books, and more – all the deals you need to know about this month.
PLUS: ABN AMRO’s sustainable impact fund; UK’s £30m social investment pilot for housing; investor coalition supports ‘just transition’; NESsT gets grant to support impact enterprises in the Amazon region, and more.
PLUS: Pioneering revenue-based fund launches in Scotland; Back Market raises $335m in “bullish” circular economy market; AU$8m boost for Queensland social enterprises; Dutch trio backs “truly disruptive” AI firm Envision – and more.
PLUS: $100m MacArthur grant to end homelessness; Dutch VC fund backs digital-only fashion house; ImpactAssets custom investments surge; new pooled fund for southeast Asia; Resonance's launchpad loan for mums' mental health; and more.
PLUS: Scotland’s £30m Third Sector Growth Fund; Ford Foundation seeds Black Feminist Fund with £15m; Big Issue Invest backs Sport England; Neighbourly raises £3m; National Academy for Social Prescribing funds 37 projects; and more.
PLUS: Resonance makes raft of SITR investments ahead of crunch time for relief scheme; first impact fund for French investment firm Founders Future; Dutch social impact bond repays investors; new Conduit EIS Impact Fund; and more.
