The social investment finance intermediary publishes the results of its first year of investments in Bristol. Dangling the carrot of a tax break has encouraged social investment; now outcomes should prove equally attractive.
Resonance has been matching social investors with social enterprises for 14 years. Its founder says that social impact is at the start and the finish of what his team does.
Still don’t really understand the government’s tax break for those who invest in social enterprises? Relax. Grace Howells, senior investment analyst at Resonance is here to answer all your questions.
The Resonance Bristol Social Investment Tax Relief (SITR) Fund has made its first three investments. Investment manager Donna Thomas told us what the Fund means for Bristol and why Resonance is now aiming to bring the benefits to other cities.