The Commission on Social Investment was an independent group set up by Lord Victor Adebowale CBE to investigate the current state of the social investment market and how the market could better enable the growth of social enterprises.
The Commission’s final report has called for “comprehensive structural reform” to the social investment market. You can access the report here.
It concludes that “the needs of social enterprises have been deprioritised over the past decade” and that “social investment cannot work – and has no purpose – without social enterprise.”
Recommendations include:
- An additional £100m investment in Access – The Foundation for Social Investment, to ensure the ongoing provision of blended finance to social enterprises.
- A new “Flexible Capital Taskforce” to work with charitable foundations to boost their investment in social enterprises and unlock £380m of new capital by 2030.
- A new £50m “Black-led” social investment fund to tackle the current inequality of social investment in Black-led social enterprises
If you would like to find out if social investment would be relevant for your charity or social enterprise, please get in touch with VAL’s helpline.