The global impact deals, reports and initiatives you need to know about this month – all in one place. Featuring Armenia's VIA Fund, the Africa Impact Investing Group, Charity Bank, Leapfrog, BNP Paribas and many more.
Social enterprises and others can apply for grants of up to £9m as part of the government's new Youth Investment Fund, delivered by Social Investment Business, and set to fund 300 existing or new youth facilities.
PLUS: BlueMark raises $3.75m; electronics repair unicorn BackMarket reaches $5.7bn valuation, and more: our regular impact finance bulletin brings you the latest funds, deals and programmes in the world of investing for good.
Rishi pickings... Did the UK chancellor give us loads of money – or just a lot of missed opportunities? Here’s what some of the UK's social enterprise and social investment leaders had to say about this week's Budget.
PLUS: Pioneering revenue-based fund launches in Scotland; Back Market raises $335m in “bullish” circular economy market; AU$8m boost for Queensland social enterprises; Dutch trio backs “truly disruptive” AI firm Envision – and more.
Government-backed Covid lending schemes have been a lifeline – but in the long term, high levels of debt cause problems. One solution: transitioning at-risk, viable private businesses into employee or community ownership at scale.