HOME | SN-BRIEFS |
SYSTEM OVERVIEW |
EFFECTIVE MANAGEMENT |
PROGRESS PERFORMANCE |
PROBLEMS POSSIBILITIES |
STATE CAPITALS |
FLOW ACTIVITIES |
FLOW ACTORS |
PETER BURGESS |
SiteNav | SitNav (0) | SitNav (1) | SitNav (2) | SitNav (3) | SitNav (4) | SitNav (5) | SitNav (6) | SitNav (7) | SitNav (8) |
Date: 2024-03-28 Page is: DBtxt001.php txt00004792 |
Event |
Burgess COMMENTARY |
MONEY MATTERS If you’ve attended a social enterprise event during the last year, you’ll probably be aware that ‘social investment’, which for ages was ‘the next big thing’, has finally become ‘the big thing’. Now everyone, from the prime minister downwards, is talking about it. Some love social investment, some hate it but many of its strongest supporters and fiercest detractors are united in their confusion about what it is and what it’s for. Last month, I was in Sheffield for Working Capital, a conference organised by Social Enterprise Yorkshire and the Humber – http://www.seyh.org.uk/ – which was designed to relieve some of this confusion. The event kicked off with an interview with Caroline Mason, chief operating officer, of social investment wholesale finance institution, Big Society Capital (BSC). BSC is an independent organisation set up by the government in April 2012 (and given £400million from unclaimed assets, plus £200million invested by major banks) to support the development of the UK social investment market, primarily by investing in social investment finance intermediaries (SIFIs) – organisations that get money from government or other investors, and invest it social enterprises and charities. The version of ‘social investment’ that BSC is attempting to promote can take many forms – including loans, equity, quasi-equity and social impact bonds – but all these financial products involve an investor putting up some money and getting their money back (and more) if the venture they invest in is successful. Responding to a question about whether BSC could describe itself as being ‘radical’, Mason was quick to explain four major constraints the organisation is operating under are that it:
|
Posted by: David Floyd,
May 9, 2013 |
The text being discussed is available at http://youngfoundation.org/social-innovation-investment/money-matters/#comment-3267 |
SITE COUNT< Blog Counters Reset to zero January 20, 2015 | TrueValueMetrics (TVM) is an Open Source / Open Knowledge initiative. It has been funded by family and friends. TVM is a 'big idea' that has the potential to be a game changer. The goal is for it to remain an open access initiative. |
WE WANT TO MAINTAIN AN OPEN KNOWLEDGE MODEL | A MODEST DONATION WILL HELP MAKE THAT HAPPEN | |
The information on this website may only be used for socio-enviro-economic performance analysis, education and limited low profit purposes
Copyright © 2005-2021 Peter Burgess. All rights reserved. |