The recent budget is really important to the world of social investment and the social entrepreneurs it backs. It was announced that the new social investment tax relief will be set at a 30 per cent rate, and will be worth £35m a year to social investors by 2018/19. The relief will offer an income tax rebate to those making unsecured investments in asset-locked bodies – charities, community interest companies and community benefit societies – and in social impact bonds.
Social Investors and Social Lenders
SE-Assist is a pioneering approach to social investment, which brings together large businesses and social enterprises. Read more
(source: from SEUK)
Big Issue Invest is a specialist provider of finance to social enterprises or trading arms of charities that are finding business solutions to create social and environmental transformation. They provide finance for social enterprises in the form of loans, participation loans and equity.
Bridges Ventures funds have specific strategies to achieve a positive social and/or environmental impact. Bridges Ventures have £150m under management in two venture funds, the Bridges Social Entrepreneurs Fund and the Bridges Sustainable Property Fund.
CAF Ventures offers some social purpose organisations support and Capital, recognising that this type of investment may fall outside of the criteria of grant-makers and is often perceived as too risky for banks. Social Finance provides a range of financial advice services to help build the social investment market. They are dedicated to finding ways to raise capital through robust investment propositions.
Charity Bank finances social enterprises, charities and community organisations, with the support of depositors and investors who want to use their money to facilitate real social change.
Triodos Bank only lend to and invest in organisations that benefit people and environment.
Unity Trust Bank is a specialist bank for civil society, social enterprises, councils, trade unions, CICs and small businesses.
Venture Philanthropy organisations
The Impetus Trust is a venture philanthropy organisation.
CAN runs a venture philanthropy programme called CAN Breakthrough.
This provides funding and management support to help established social enterprises scale up and maximise their social impact. Funding is concentrated on established organisations with three years trading.