‘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.
The global impact deals, reports and initiatives you need to know about this month – all in one place. Featuring the Global Fund for Coral Reefs, Jack Dorsey's Block, Mirova, Incofin, NatWest and many more.
UK equity and racial justice fund attracts hundreds of leaders and founders from underrepresented backgrounds – debunking fears that there would be insufficient demand from diverse leaders, fund manager says.
Social investment counts for just 1.4% of all UK business lending. So how can we get mainstream banks to play a much bigger role in the social economy? By changing the incentives – and therefore the culture – of banking, says the Big Issue Invest CEO.
Listening to feedback and making tangible changes in response isn't easy, says UnLtd's David Bartram – but Big Society Capital's recent proposals will not drive the transformation needed to support purpose-led ventures.