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.
This week: discover the ‘first professor for the impact economy’, survey reveals young changemakers risk online backlash and financial struggles, global universities ranked according to positive impact – and much more.
Chasing the Treasury, celebrating the women shaping AI for good and asking if businesses are making ‘counterfeit profits’. This week’s view from the Pioneers Post newsroom.
Thirteen representatives of impact investors, local government, asset managers and institutional investors will advise the Treasury on the development of a new social impact investing vehicle – but no social entrepreneurs are included.
This week: impact investors unite against US foreign aid freeze; sustainability gets lukewarm embrace at Paris AI summit; concerns raised about UK government’s social investment advisory group members; and more.
Social investors are under fire for not meeting the needs of the social entrepreneurs they seek to support. Could a collaborative apporach to the creation of impact funds be the solution?
UK social investment industry still ‘designed to favour social bankers, not social businesses’, concludes Social Enterprise UK’s ‘report card’ on the Adebowale Commission.
One third of social enterprises were pessimistic about new government’s potential impact on their business even before announcement of employer National Insurance Contribution increases, according to new report.
