Social unrest and Covid-19 have interrupted Hong Kong’s strong upward trend in the formation of new social enterprises, new research suggests – but experts believe that with the right support the sector can continue to flourish.
Impact reports deserve more than the usual platitudes and a superficial glance – but without broad agreement on what makes good quality impact measurement, it’s impossible to learn from each other’s work. Time for a new starting point?
How do you distribute £800m – announced recently as part of the planned expansion of the UK's Dormant Assets Scheme – for maximum social impact? Nick Temple, CEO of the Social Investment Business, has three suggestions.
Social enterprise leaders welcome new funds but warn that rolling out £800m Dormant Assets Scheme without careful planning would be a “massive mistake” – while shadow charities minister says policy is “scraping the barrel”.
PLUS: New impact firm Engine No. 1 to ‘harness capitalism for positive change’; Turner Impact Capital closes $350m workforce housing fund; IIX launches $27m bond to help women rebuild livelihoods, December impact reports; and more.