After spending time examining our open-source SITR Deals Database for the Government’s review of Social Investment Tax Relief, On-Purpose Associate Thomas Mackay picks out some of the headlines that helped to inform Big Society Capital’s response.
The UK has just celebrated 100 years of the Addison Act, a transformational piece of social policy that led to 500,000 council homes being built over the course of three years. The act was transformational because it was the first time that safe, quality and affordable homes became available at scale throughout the entire country.
In the third of four blogs responding to challenges raised by social enterprises, Big Society Capital’s Head of Strategy Stephen Muers explores the power dynamics between investees and investors. He also shares what we’re doing around this.
A recurring challenge we get from social entrepreneurs around social impact investment is on the cost of capital. More specifically, they tell us they want cheaper, more patient money that can and will take more risks.
Over 30,000 social enterprises and charities could benefit from Social Investment Tax Relief (SITR), suggesting vast untapped potential, according to research undertaken by Big Society Capital, and backed by the Department for Culture, Media and Sport.
The Government’s call for evidence on Social Investment Tax Relief (SITR) will close one week from today. With grant funding becoming a scarce resource and the demand for small amounts of patient, unsecured capital growing SITR is more important than ever.
The UK’s housing crisis is a universal problem, with an inadequate supply of high quality, affordable homes leading to rising levels of homelessness and people living in unsuitable accommodation. Home ownership is becoming increasingly unaffordable, and for many is now only a pipedream.
This learning report sponsored by Citi, explores some of the lessons learned from US community investment that could inform the UK’s efforts to scale the social and economic impact of community lenders and promote inclusive growth.
Today we launch a new learning report exploring some of the lessons from US community investment that could inform the UK’s efforts to scale the social and economic impact of community lenders and promote inclusive growth.
Big Society Capital has released its latest Annual Review covering the year 2018, revealing £90 million of new commitments were made over the year. Alongside other investors, the organisation has also made £1.7 billion available for social enterprises and charities as they tackle some of the toughest social issues faced by people in the UK.
Action Homeless CEO Mark Grant writes why he believes simplifying Social Investment Tax Relief (SITR) could be a game-changer that would allow them to raise flexible, patient and risk-tolerant capital, which they could use to provide more affordable housing to people affected by homelessness.
In 2017, we announced housing would be a core focus area for developing new investments in the next phase of our strategy. Our belief that housing is an area where social impact investment can make a substantial difference was informed by the pressing social problem, along with our experience of making investments in housing which have already raised £500m from us and other investors.
Our Investment Director, Karen Ng, reflects on her key takeaways from participating in GIIN’s Gender Lens Initiative (GLI) as a working group member over the past year. Karen attended the final event in New York in May.
The first reports from the independent evaluation of the Growth Fund gives an early indication that blended capital is flowing to charities and social enterprises across England to help improve people’s lives.
Big Society Capital invited three social entrepreneurs to challenge some of our management team with their burning questions on the state of social investment and asked them what they really want from social investors.
Big Society Capital, together with Access – The Foundation for Social Investment (Access), has launched a new social investment programme called Local Access. This programme will provide a blend of grant and repayable investment worth at least £33m across five places in England.