A series of recent government initiatives in the UK have aimed to connect investors to charities and social enterprises so they can grow their positive impact on society.
This builds on a long history in the UK of socially conscious investing. As part of these initiatives Big Society Capital was launched in 2012 with investment from dormant bank accounts and four high street banks. At the time the social investment market was still relatively small and dominated by secured lending, with sub-scale intermediaries who were reliant on investment from government and foundations.
In this section we outline how the social investment market has developed since 2012 and highlight some of the challenges that still remain.