1. Social Investment:
HMG support for investment readiness
Social Finance and Investment Team
Cabinet Office
September 2012
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2. Our goal is to grow the Social Investment Market
And a third
Social This requires pillar of
enterprises increasing the finance for
need access the social
supply of capital sector
to finance
into the market,
and supporting
demand for it
As well as The impact is
getting rid of In essence, increased social
levelling the innovation and
a range of playing field
legal and for social
more balanced
financial ventures growth
barriers
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3. We achieve this goal through three key approaches …
INCREASING CREATING AN SUPPORTING
THE SUPPLY ENABLING DEMAND FOR
OF CAPITAL ENVIRONMENT CAPITAL BY GROWING
INTO THE FOR ACCESSING THE INVESTMENT
MARKET THAT CAPITAL ‘PIPELINE’
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4. ... with demand supported by the Investment Readiness Programme
e.g. HCT • £600m Fund of Funds for
Social Investment Finance
group
Intermediaries
• SIFIs on lend to social
ventures seeking to
expand their business
e.g. Reds10 • Investments totalling
£37m to date
• Aim: providing more
affordable & appropriate
tbd social finance
• £10m Fund for early stage social ventures • £10m Fund for growth social ventures
• Money dispersed via social incubators • Ventures make joint application with a support provider
• Up to £15k of investment and non-financial support • Grants of £50k - £150k
• Aim: a pipeline of social ventures for the ICR Fund • Aim: a pipeline of social ventures for BSC backed SIFIs
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5. As well as a range of HMG initiatives to grow the investment market
There are a number of other HMG initiatives that
support the social investment market, including:
• catalytic investments, such as the Bridges Social
Entrepreneurs Fund
• some grant funding, such as the Community Right
to Challenge Support Programme
• and sector development funding, such as the
Community Shares Unit
For more details on these and other schemes, see:
www.cabinetoffice.gov.uk
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