This week: Better Society Capital’s new 2030 strategy; B Lab announces new board and shift towards “globally integrated” structure; Impact Shakers launches new initiative to spotlight diverse-led startups, and more.
New data highlights the scale of the problem in British society and why social investors are well placed to address it, in first Better Society Index published this week.
Quadrennial review praises Access for its success in providing wider access to social investment but highlights challenges as mobilising new sources of funding beyond dormant assets proves increasingly urgent.
There were no big bang announcements in Rachel Reeves's Budget this week, but policy still matters – and it can be as much a hindrance as an enabler, as the latest insights in the UK's social investment market from Better Society Capital shows.
New research from the UK’s social investment wholesaler shows a 12% year-on-year increase largely driven by a jump in investment in social and affordable housing, while the picture is more mixed in other segments of the market.
The Better Futures Fund is the result of months of consultations over a new social impact investing vehicle announced by the government last autumn, and aims to support 200,000 children over 10 years.
Growth-focused “modern industrial strategy” pledges to align economic value with social outcomes through impact investment and procurement with social enterprises – but falls short on some expectations from purpose-led businesses.
£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.
