Nine Birthday Wishes As Big Society Capital Turns 10


credit: USACE on Flickr

There's a new player in the world of impact investing, and it's a London-based firm called Big Society Capital. The idea is to invest in projects that have a positive impact on the world and get a return on that investment of between 4% and 6%, Bloomberg reports.

Big Society Capital's biggest success so far, according to its former CEO, is " confidence in the market that allows things to happen. Other investors feel more confident," Cliff Prior tells Bloomberg. "On the enterprise side, they feel more confident; talent comes to it, because of the confidence, and that's built over time."

Big Society Capital was founded in 2010 and has invested more than $100 million in 30 projects in Africa, Asia, and Latin America, Bloomberg reports. According to a press release, the investment has had a positive impact on the lives of more than 85,000 people.

The company's biggest problem has been its return expectation, Prior tells Bloomberg. "The crazy idea was that 4 to 6% return expectation," he says.

"Who on earth thought that a fixed return expectation would be a sensible thing? Because for a long time, returns were generally very, very low. Now with inflation they're very, very high."

Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

Idb Invest'S Sustainability Week Will Convene More Than 500 Global ...

"There is growing scientific consensus that the Amazon Basin is reaching an ecological tipping point and urgent action is needed," says James Scriven, CEO of IDB Invest, a multilateral development...more

Enhanced Capital Announces Release of 2023 Community Impact Report

Enhanced Capital has been investing in communities across the US for more than two decades, and in its 2023 Community Impact Report, the investment firm says it has created more than 53,000 jobs,...more

Enhanced Capital Announces Release of 2023 Community Impact Report

A California state lawmaker has introduced a bill that would require oil and gas companies working in remote areas to pay for the damage they cause to communities, the Los Angeles Times...more

Enhanced Capital Announces Release of 2023 Community Impact Report

Enhanced Capital, a New York-based impact investment firm, says it has created more than 53,000 jobs, offset 1.8 million metric tons of carbon emissions, and invested $3.7 billion in community...more

Momentus Capital Closes $171 Million Equitable Prosperity Fund
Foundation: Marguerite Casey Foundation, Marguerite Casey Foundation, Kresge Foundation

Stephen Stephens' father died of cancer when he was 53, and his message to young people has stayed with him. "Always do the right thing son," he tells Fast Company. "That message has always...more

Who Serves Humanity &Amp; Strives to Make the World a Better Place?
Foundation: Indianapolis Foundation

Lynne Arriale's new album, Being Human, is all about "people who exemplify Passion, courage, love, curiosity, and other human qualities," the Florida pianist tells Rita Kohn of the Indianapolis...more

How Philanthropy Can Help to Accelerate Sustainable Development Goals

"If the class register were anything to go by, education would be one of modern civilization's greatest success stories." That's what Peter Wilson, a member of the UBS Accelerate Collective, had...more

As Melinda French Gates Leaves the Gates Foundation, Many Hope She'Ll ...
Foundation: Gates Foundation

Melinda French Gates is stepping down as co-chair of the Bill & Melinda Gates Foundation, which she founded with her ex-husband Bill Gates more than 20 years ago. As part of an agreement made...more

Potato Power: Ongoing Philanthropic Collaboration Elevates Research in Sustainable Agriculture

Ahmad Al-Mallahi is a professor of agricultural engineering and sensing technologies at Dalhousie University in Halifax, Canada, and he's spent the past five years developing technology that could...more

How Innovative Philanthropic Collectives Are Driving Climate Action

Deforestation in south-east Asia could slash the region's GDP by 35%, according to a new report from Reuters. And that's not all. The report also finds that $100 billion pledged to fight...more


UK will be celebrating its first national celebration of social enterprises dubbed as Social Saturday. World famous celebrity chef Jamie Oliver, who founded the Fifteen restaurant chain.



Federal Government Grant and Assistance Programs


Congressionally Identified Awards and Projects | Health Professions Pregraduate Scholarship Program for Indians | Noninsured Assistance | Medicare_Prescription Drug Coverage | Community Development Block Grants/Brownfields Economic Development Initiative | Source Reduction Assistance | Retired and Senior Volunteer Program | Purchase Care Program | | Site Style by YAML | Grants.gov | Grants | Grants News | Sitemap | Privacy Policy

Edited by: Michael Saunders

© 2008-2024 Copyright Michael Saunders