Locavore’s goal is to make grocery shopping more affordable for shoppers and beneficial to the local economy. The social enterprise supermarket is the latest business to receive support from Social Investment Scotland in the last few months.
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.
When things change suddenly, do you lean towards 'escape coping' or 'control coping'? Are you an adapter or an innovator? Explore ways to develop your adaptability – and set boundaries – as a social entrepreneur.
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: Blue Impact Fund first of its kind in UK; Germany's EIF-backed social innovation fund; Bain Capital raises $800m for second impact investing fund; Los Angeles' Everytable raises $16m in Series B round; and more.
Social enterprises may be missing a trick if they’re not engaging local individuals as micro-investors – and their own staff and volunteers could lead the way, says the director of Scottish Communities Finance.