Must social enterprises take what they can get – or can they shape the (patient) social finance they need? Lisa Ashford draws on experiences with community shares and investment platforms in the UK and Africa to explore a way forward.
“Each and every” trustee responsible for how a foundation deploys its endowment “super-power”, according to new ACF report. Plus, foundations should be transparent with grantees on the source of their wealth.
Zamo Capital – the new company backed by Big Society Capital to scale up social investors – confirms its first deal, which will help Social and Sustainable Capital expand its team and raise more capital for its housing fund.
“Unprecedented times call for extraordinary solutions,” says US grantmaking giant, announcing $1bn social bond sale to fund a massive, anti Covid-19 grantmaking programme.
Despite its low uptake, social enterprise and investment bodies are fighting to retain Social Investment Tax Relief – with uncertainty around its future already affecting businesses in north-west England.
The region's investors predict “a possible shift from profit supremacy” and say they are “taking this opportunity as a wake-up call”, in advance of AVPN's major online event next week.
PLUS: Covid-19 updates you may have missed; ANDE invests $1.2m in women-led businesses; Africa’s Novastar Ventures raises $108m; Acumen backs Peruvian edtech platform, and more.
A clearer understanding of the different types of financing labelled 'impact investing' can help us pick apart the factors shaping their actual impact, writes researcher Philipp Golka – and figure out the role each can play during Covid-19.
