‘It’s a great day for social finance in Canada’, says MP, as social economy looks forward to hundreds of thousands of dollars of new investment from impact investment wholesaler.
Cross-sector collaboration – and government money – are needed as funding gap left by mainstream investors prevents the social economy from reaching its full potential, shows first in-depth study of catalytic capital in UK.
‘Diverse-led’ social enterprises often miss out on access to social investment. An obvious solution: involve potential investees in the design of the fund. But it's not a quick win, as social investors UnLtd and Impact Hub Bradford tell us.
A windfall for some, a blow for others – three key announcements from this week’s budget that will affect social enterprises and charities and those investing in them.
UK government announces that community wealth funds will be recipients of expanded dormant assets scheme alongside social investment, youth and financial inclusion, following consultation.
Second part of government pilot aims to provide 215 homes via social investor Resonance fund and aims to catalyse further investment as social housing becomes increasingly attractive for investors.
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?