Location: Kelham Island Museum - Alma Street, Sheffield S3 8RY, United Kingdom
We are supporting Social Enterprise Yorkshire & Humber with its fifth social investment conference.
Working Capital is a social investment conference designed to bring together the leading exponents in social investment with social enterprises and social enterpreneurs to learn about emerging products, do deals and undertake business.
Alex Sobel, SEYH
9.50-10.15: Cliff Prior on his vision for Big Society Capital
Cliff Prior, Chief Executive Officer, Big Society Capital
10.15-11.05: Taking the Opportunity: Two Investment Stories
Natalie Pinon, SASC with Martin Newman, Gyroscope
Garry Brown, Key Fund
11.05-11.10: Comfort Break
11.10-11:30: Taking the leap: What support is there to get you ready
Deborah Smart, SIB
Ged Devlin Power to Change
11:30-12:45: Meet the supporters and investors
A café style session to informally meet organisations who provide support to get you ready for investment and who provide investment itself
12.45-13.45: LUNCH BREAK
13.45-14.30: Morning Debate
The Shape of the Social Investment Market
Social Investment is no longer for traditional Social Enterprises but increasingly For Profit Social Businesses are also eligible. A range of major funds are already here and more are in the pipeline. How is the market developing and will Social Businesses have an affect on how it is shaped? Is the Investment Readiness Funding really helping get organisations to take risk capital? Is Impact Measurement and Reporting the biggest challenge as legal structures become less of a criteria? How we can ensure more supply means more and better quality deals? Who still isn’t able to access the market?
This is your chance to ask the panel and make your voice heard on the new Social Investment Marketplace.
Mark Bickford, FSE
Claire Trenaman, Unity Trust Bank
Jeremy Pannell, Triodos Bank
Matt Smith, Key Fund TBC
Chair: Melanie Mills, Big Society Capital
14.30-14.35: Comfort Break
14.35– 15.45: WORKSHOPS
1. Social Investment Tax Relief
An introduction to SITR and how to access GET IT as a free package of support to help organisations use social investment tax relief (SITR) GET IT campaign with real world examples and case studies
Melanie Mills, Big Society Capital and Grace Howells, Resonance
2. Impact Readiness
This session will give an overview of the latest trends in Impact Readiness and reflect on what Social Enterprise current practise and what is being developed through his experience with the Cabinet Office and on Big Potential, the session would cover:
a. Impact readiness – what does this mean and what do investors look for?
b. Practical example of the work that might be involved, and what this has delivered for the VCSE (speaker from one of the Impact Readiness providers, using case study)
c. What could be ahead in terms of funding (eg Marcus has been working with Access on how their capacity building grant programme could incorporate impact readiness). Big Potential funding is also available for this work.
d. Open discussion on what would be useful for attendees in terms of support – as the design of Access’ capacity building funds is still evolving – we could involve Access in this if they will be there.
Marcus Hulme, Big Society Capital
3. The role of Trusts and Foundations in social investment
Trusts and Foundations are starting to move into the social Investment market. Joseph Rowntree Foundation has allocated £15m for Social Investment from a £300m endowment. The focus is to back demonstrations of JRF's anti-poverty strategy, based on its research, which can then be used to influence wider change. The portfolio is made up of individual investments, selected funds, and ring fenced pools of money to catalyse other partners to move. Here more about JRF’s work and the changing landscape of Trusts and Foundations
Danyal Sattar, Social Investment Manager, Joseph Rowntree Foundation
Get an overview of the growing use of crowdfunding and peer to peer lending. Here about how crowdfunding is developing. the UK Alternative Finance sector now does £3.2 billion worth of loans, investments and donations a year, up 84% compared to 2014. Hear how you could benefit from this growing investment opportunity.
Jonathan Bone, NESTA TBC
15.45: CLOSE - The workshops mark the end of the conference