Social investors go ‘back to grants’ with National Lottery-funded Social Enterprise Support Fund, which offers grants of up to £300,000 – and a deadline closing in just one week’s time.
Hatch Enterprise's Dirk Bischof, whose first boss sparked a lifelong focus on diversity, shares his frustrations with the UK's social investment market and unveils a new £10m fund targeting typically overlooked founders.
PLUS: BNP Paribas and European Investment Fund create €10m impact bond fund, SIS Ventures' second fundraise, US foundations back affordable food business Everytable, Dutch firm Tony’s Chocolonely secures new investment, and more.
PLUS: Impact bond firsts in Cambodia and Palestine, Big Issue Invest backs lottery business, Bamboo Capital Partners invests in Indonesian peer-to-peer lending platform, VisionFund raises £10m for microfinance – and more.
As momentum grows behind the #CharitySoWhite movement, social investors say campaign is much needed – and highlight the poor diversity record in their own field.
Plus: Bridges raises £35m for second social outcomes fund, Palladium's first impact fund targets $40m for African small businesses, Scotland's first community-owned school building and impactful chocolate in Indonesia...
The average social business grows much, much slower than its commercial counterpart. The new Hatch Impact Accelerator – launching soon in London – wants to change that.
PLUS: New investment-readiness programme in Asia; Stepping Stones Finance Facility launches; Big Society Capital re-invests in public service delivery; Big Issue Invest secures nearly £4m, and more...
