Pushing for an economy that works for all is a cause we can all get behind. But is it time for the social enterprise movement to move on from trying to influence from the inside, and start fighting harder from the outside?
A clearer understanding of the different types of financing labelled 'impact investing' can help us pick apart the factors shaping their actual impact, writes researcher Philipp Golka – and figure out the role each can play during Covid-19.
Last week the UK government announced new funding to help startups survive Covid-19 – and the founder and CEO of impact investment bank ClearlySo says the approach is a 'big step in the right direction'.
About a fifth of Scotland’s social enterprises are so far using the UK’s furlough scheme, according to initial research, while lack of cash reserves among those applying for emergency grants suggests a financially fragile sector.
Last week's £750m package to support frontline charities brought some sighs of relief, but it's far from enough. David Floyd reflects on why the sector has been so poorly served, despite its best lobbying efforts.
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.
UK social investors have asked the government to contribute to a multimillion pound liquidity fund, while voluntary sector representatives warn charities face a £4.3bn funding shortfall over the next 12 weeks.