England social enterprises can get grants of up to £100,000 to help them “get back on their feet”, under Lottery-funded scheme first set up in 2020, and once again delivered by Big Issue Invest, Key Fund, Resonance, SSE and UnLtd.
Latest figures from the UK's CIC Regulator show almost 5,000 more CICs on the register in 2021, bringing total to nearly 24,000 and surpassing growth rate reported by Companies House – but dependency on grant funding remains unclear.
Conservative MP and civil society review author Danny Kruger highlights new funds that social enterprises should watch, adding that Treasury ministers are “very supportive” of social enterprise – but also “very distracted” right now.
Crunching the numbers from social sector organisations that have closed could help others to predict and prevent financial fragility. From salary spend to income type, financial benchmarking specialist MyCake suggests key questions to explore.
New data is released today from one of the UK's earliest social investment funds, the £142m Futurebuilders fund created in 2004. The lessons learned can help us to design the right kind of finance now, writes Social Investment Business CEO Nick Temple.