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.
This weekend is the first Social Saturday, a day to celebrate and buy from social enterprises. At Big Society Capital, supporting social enterprises is core to what we do. Here, Andrew our Operations Manager shares some insights into how we're trying to do more to support social enterprises through the organisations we buy services and products from.
This report provides an overview of the key initiatives that contributed to the development of the market in the UK, and provides commentary on how the market developed. It also provides recommendations for developing the next phase of the social investment market.
High net worth individuals face missing out on the benefits of the new Social Investment Tax Relief because their advisers do not know enough about it, a poll commissioned by Big Society Capital has found.
Today, Impact Ventures UK (IVUK) announces that it has earmarked £2 million for investment in a unique joint venture with Glasgow based social enterprise Homes for Good (Scotland) CIC, which will create a portfolio of newly refurbished properties dedicated for people in social housing need across the Greater Glasgow region.
It was with shock and tremendous sadness that we heard of Stephen’s tragic accident last week.
When setting up Big Society Capital, Stephen’s insight and depth of knowledge about charities, social enterprises and corporate structuring was instrumental in turning the vision of a 'social investment bank' into the reality of Big Society Capital.
Last week we shared with you what we and our friends at ClearlySo think are the major 'Dos' of pitching for social investment. This week, we would like to share with you our thoughts on the major Don’ts of pitching for social investment.
Social Investment Tax Relief (SITR) was introduced in the Finance Bill 2014 to kick-start social investment in the UK and was enacted into law in July 2014. This is a vital step in ensuring that charities and social enterprises get the risk capital they need.
Social investment lies at the intersection of social and financial return. For social organisations looking for investment, this creates a need to find a balance in pitching between looking like you are prioritising financial returns over social outcomes, and looking like you are so socially minded that you are unlikely to be able to produce financial returns alongside social ones.
Today Big Society Capital is pleased to announce the release of its Social Investment Insights piece 'Growing the Market for Charity Bonds', outlining the development of the charity bond market to-date and highlighting some of the potential future initiatives that could further accelerate charities and social enterprises access to the public debt markets and the attraction of capital at scale into the social investment market.
In a recent artlce for Pioneers Post, David Floyd looked at the moral and practical dilemmas of creating markets where the end customer doesn’t pay (e.g. NHS). But are there further implications of end customers not paying for charities’ services? And how can we embed customer-centricity in the third sector to encourage greater innovation, efficiency, and ultimately better outcomes for people?
Helen Heap and Robbie Davison have written a thoughtful short book "The Investable Social Entrepreneur - Introducing Builder Capital." Geetha Rabindrakumar, with her experience from working in Big Society Capital and a range of charities, and Danyal Sattar, as a grant maker and social investor with Esmee Fairbairn Foundation discuss “Builder Capital”: