Funding Affordable Homes (FAH), a social impact company which enables long-term socially responsible private investment into the affordable housing sector, has today announced that it has received an investment of £15 million from Big Society Capital.
Big Issue Invest, a pioneering social investor and part of The Big Issue Group, today announced that it had recently closed a first tranche of fundraising commitments of over £21 million into its Big Issue Invest Social Enterprise Investment Fund II (SEIF II). Following on from the success of Big Issue Invest’s first investment fund (SEIF I), which is now fully committed, SEIF II is seeking opportunities to invest in businesses with ambitious social impact goals whilst aiming to deliver robust financial returns to investors.
Interserve, Catch22 and Clubfinance partnership wins Business Impact Challenge Big Society Capital today announced a partnership between public service provider Interserve, social business Catch22 and social finance experts Clubfinance has won the Business Impact Challenge.
Pure Leapfrog and Big Society Capital have entered into an agreement under which Big Society Capital will lend £15 million to Leapfrog Bridge Finance Ltd, to fund large-scale community energy projects across the UK.
The Government is at risk of failing to meet its target to halve the disability employment gap unless charities and social enterprises are given an even playing field to deliver public service contracts, says a new report launched today.
One year since the introduction of Social Investment Tax Relief (SITR), Big Society Capital has today launched GET IT to support more charities and social enterprises to understand and make use of the tax break.
Bridges Ventures ('Bridges') and Impact Ventures UK (‘IVUK’) have announced they are backing Unforgettable.org (‘Unforgettable’), a pioneering website and e- commerce platform to support those living with dementia and their carers- informed by the founder’s own personal experience.
Worcestershire County Council and Worcestershire’s three Clinical Commissioning Groups (CCGs) have awarded the country’s first Social Impact Bond to help 3000 older people overcome loneliness in the county - to Reconnections Ltd.