What are OpenAI CEO Sam Altman’s motivations in restructuring his tech firm into a public benefit corporation? Amendments to the law in the US state of Delaware might give a clue on whether Altman is looking for social impact or profit maximisation.
The Scottish government is aiming for full-scale economic systems change and expects social enterprise to be at the forefront of its new economic model, according to discussions at the Social Enterprise Scotland Summit 2024.
Venture capital funding towards impact startups continues a sharp downward trend as VC investors lose appetite for climate tech, the latest Dealroom figures reveal.
Running a venture that helps both people and planet is hard. Amid inflation, instability and even war, it sounds almost impossible. But, for the pioneers of green business in Palestine, Lebanon and Egypt, sticking to the mission makes sense.
England’s community business trust to start recruiting for a new CEO “shortly” as Alakeson leaves after seven years to “deliver social change from a new vantage point” within Labour leader Keir Starmer’s team.
The UK government this week confirms new dormant assets funding as outlined in its Levelling Up plans, as Access stresses importance of blended finance approach to reach poorest communities.
Dutch impact investor Polestar Capital hopes to grow fund to €400m within a year to plug a funding gap for high-potential eco-projects that will enable Netherlands to play a ‘pivotal role’ in the global transition towards a circular economy.
Scottish impact venture investor is optimistic about investor and investee demand, aiming to raise £5m to support early-stage purpose-driven businesses, two years after latest fundraising effort was suspended by Covid-19.
Critics of the government’s flagship Levelling Up policy focus on reliance on business as usual, while others welcome introduction of Danny Kruger’s social covenant.
"Like the protagonist in this film, my parents experienced poverty, rejection and what felt like insurmountable obstacles when they came to the UK" – Social Value UK boss Isabelle Parasram OBE reveals the films, books and more that inspire her.
Group urges social investors to step up inclusion and equity efforts with new pledges, following damning findings last week from the influential Adebowale Commission.
