A recent report from RBS indicated that UK banks are lending over £3bn to social organisations. In Civil Society, our Head of Social Sector Engagement, Geetha Rabindrakumar, discusses how social investment aims to fill those gaps not met by mainstream lending.
Australia’s first social impact bonds were launched in New South Wales in 2013, making them some of the earliest SIBs in the world. Three years on, Jill Carman from Aleron takes a look back at lessons from Australia and comparisons to the UK market.
This week marks the second anniversary of the creation of Social Investment Tax Relief. Perhaps not an anniversary I ever saw myself marking in my diary. I have surprised myself at how captivating I have found this tax relief to be.
What are the key components needed for a social investment intermediary to be financially sustainable and effectively deliver products, support and/or services that benefit charities and social enterprises?
What is the gritty reality of social investment? If I were being cruel I would start by misquoting a saying most frequently credited to the ancient Chinese philosopher Confucius “Life is really simple, but lawyers insist on making it complicated. “