Melanie May | 16 September 2021 |
News
With today its tenth anniversary, social impact investing firm Big Society Capital has launched its latest organisational strategy, which includes the objective of helping to at least double the UK social impact investing market by 2025.
Big Society Capital’s aim is to support the market to grow to £10 to £15 billion by 2025. It put the market at around £5.1 billion at the end of 2019.
In its strategy, Big Society Capital will focus on investing in and attracting new capital across four priority investment areas: impact venture, social lending, social outcomes contracts; and social and affordable housing. This is a consolidation of the firm’s existing work in these markets, which has seen it support the social and affordable housing market in growing from its infancy 10 years ago to now being worth more than £2…
