Scottish impact venture investor is optimistic about investor and investee demand, aiming to raise £5m to support early-stage purpose-driven businesses, two years after latest fundraising effort was suspended by Covid-19.
PLUS: Access Foundation's flexible finance grantees; Irish government offers €1m for social enterprise awareness-raising; Key Fund reports £447m 'total impact'; Olio and Oddbox lure investors; Social Finance raises $50m; and more.
PLUS: Africa's first social bonds; first Women's Livelihood Bond matures; $58m fund to help farmers adapt to climate change; Bridges sells majority stake in World of Books, and more – all the deals you need to know about this month.
Locavore’s goal is to make grocery shopping more affordable for shoppers and beneficial to the local economy. The social enterprise supermarket is the latest business to receive support from Social Investment Scotland in the last few months.
PLUS: Scotland’s £30m Third Sector Growth Fund; Ford Foundation seeds Black Feminist Fund with £15m; Big Issue Invest backs Sport England; Neighbourly raises £3m; National Academy for Social Prescribing funds 37 projects; and more.