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A new £15 million challenge prize has today been launched to catalyse private sector demand for social investment in the UK. The Business Impact Challenge, launched by social investment bank Big Social Capital, is looking for the best idea for a high-impact investment that generates strong business and social value in the UK.

The Chancellor of the Exchequer today announced in the Autumn Statement that the Government is proposing to increase the investment limit of Social Investment Tax Relief (SITR) to £5 million and extend its scope by consulting on the introduction of Social Venture Capital Trusts.

The Community Investment Coalition (CIC) has welcomed a new report from Coventry University and Newcastle University that analyses the data released through the new bank lending data disclosure framework for the first time.  The research was commissioned by Big Society Capital, Citi, Community Investment Coalition (CIC) and Unity Trust Bank.

Charities and social enterprises are set to benefit from an innovative new £30 million fund launched today, which paves the way to attract game-changing levels of commercial finance to grow the sector.

Commonweal Housing has today received a £1.1 million investment from Big Society Capital to finance a housing project for destitute families and children in South London.

This letter is submitted jointly by the British Private Equity and Venture Capital Association (BVCA) and Big Society Capital (BSC). It not only complements our respective submissions to the consultation, but demonstrates the increasing cooperation between the social and venture capital investment communities, facilitated by both our organisations. 

A group of leading experts in social investment from the UK have today set out their vision for the next stages of development of the social impact investment market in the UK. The report 'Building a social impact investment market: The UK experience' is part of the culmination of a year's work, following the launch of the Social Impact Investment Taskforce under the UK's presidency of the G8 in 2013.

Big Society Capital has appointed Anne Wade, formerly Director of Capital International, to join its Board. 

Big Society Capital has appointed the former Founding Director of the Northern Rock Foundation, Fiona Ellis, to join its Board. 

Institutional investors will be a key source of risk capital and long-term finance for the UK social investment market as it continues to grow, according to a new report published today.

Scotland’s leading funder for the third sector, Social Investment Scotland, has secured a £16M in principle matched investment commitment from Big Society Capital and the Scottish Government to create a Social Growth Fund for Scotland.

Responding to the publication of the Finance Bill 2013-14, which included the final details for the Social Investment Tax Relief.