Social investment boosted by Big Lottery Fund ‘kick start’
The Big Lottery Fund (BIG) has launched a Kick-Starter fund to support organisations wishing to showcase the impact of their innovative projects to potential social investors.
The news comes as David Cameron prepares to use the UK’s presidency of the G8 Summit in June to put social investment on the global political agenda.
As of May 2013, England-based social businesses and those behind social investment products such as charitable bonds will be able to apply to BIG’s £299,975 Kick-Starter fund to pay for the development of a social impact report.