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.
Social enterprises are no longer merely viewed as “pipeline” or “deal flow” by social investors. Instead, their needs for flexible, aligned and appropriate finance are recognised, says Nick Temple. But challenges remain.
UnLtd has today announced the name of its new chief executive. This follows other key leadership announcements in the UK social enterprise sector by the Cabinet Office and Social Investment Business in recent weeks.
With increasingly strident calls to justify their existence, social investment intermediaries and charity infrastructure bodies could learn a thing or two from the Early Action Taskforce about how to demonstrate value and champion culture change.