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.
Any part of the social investment market that isn’t helping charities and social enterprises to access the right finance needs a rethink, writes The Social Investment Business CEO, as he picks up on the debate on reshaping social finance.
PLUS: Generation Investment raises $1bn to invest in “sustainability revolution”, SIS Ventures makes first equity investment, North East Social Investment Fund invests £700k in employability and education, and more.