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.
The Social Investment Buiness is working with Impetus – which focuses on transforming the lives of young people from disadvantaged backgrounds – to deliver the £200m Youth Endowment Fund.
Uptake of the UK’s Social Investment Tax Relief has been disappointingly low, thanks to poor design, delays and lack of awareness, according to new research – but it’s not a lost cause.
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.
On International Women's Day, Jo Tilley-Riley of Big Society Capital says if social investment is in the business of social justice and positive social change, we need to start walking the walk.
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.