New data is released today from one of the UK's earliest social investment funds, the £142m Futurebuilders fund created in 2004. The lessons learned can help us to design the right kind of finance now, writes Social Investment Business CEO Nick Temple.
Be patient, flexible and targeted to areas of need: new data from the UK's £142m Futurebuilders England Fund – launched back in 2004 – suggests lessons for what will make future social investment work.
As foundations plan to boost the UK’s emergency loan fund for social enterprises, our exclusive interview with the UK’s top impact CIO, Jeremy Rogers, reveals that mergers, as well as money, may be needed to save struggling social investors.
The Architectural Heritage Fund CEO on why its remit now goes beyond solely heritage-focused organisations – and the vital role that social enterprises can play in rebuilding the community fabric of our towns.
UK high street banks have been called upon to support emergency loan fund for social ventures, while social investors promise three-week turnaround and regular reviews to adapt and improve the fund where needed.
A £25m recovery fund, £29m in emergency loans and £50m more as Big Society Capital pledges to "reprioritise and repurpose" existing and future investments – while charities get a long-awaited promise of funding from government.