The increase in the amount that younger charities and social enterprises can raise through Social Investment Tax Relief (SITR) to £1.5 million, announced in the Autumn Statement, is encouraging says Big Society Capital.
*Trustees Week Special* As part of the GET INFORMED blog series, Caroline Copeman - Principal Consultant & Senior Visiting Fellow for CASS CCE, discusses how boards should consider social investment when developing strategy.
*Trustees Week Special* As part of the GET INFORMED campaign blog series, Kate Sayer - Partner at Sayer Vincent, discusses how charity and social enterprise boards should think about risk when considering social investment.
*Trustees Week Special* As part of the GET INFORMED blog series, Sarah Atkinson - Director of Policy & Communications at the Charity Commission, highlights how boards should ensure they are making the right decisions when considering social investment.
Last week saw the relaunch of Key Fund – a social investment intermediary originally based in Yorkshire – offering loans and grant/loan packages to help community and social enterprises start-up, grow and/or become more sustainable.
On 11 October, the Social Investment and Finance team in the Office for Civil Society changed its name and ambition. Now it will be the Government Inclusive Economy Unit with a remit to innovate and contribute to the broader agenda of an economy that works for all.
Being poor is not just about being unable to afford those ‘nice to have’ things - it’s being forced to pay more for the absolute essentials, such as gas, electricity, banking, household goods and even groceries simply because you are living in poverty. It’s called the ‘poverty premium’ and it is effectively a tax on the poor.
The phrase ‘knowledge is power’ is more relevant now than ever in our high tech, fast-moving and often digitally overloaded world, so it’s interesting the saying is widely attributed to Sir Francis Bacon and dates back to around 1597.