New Investors Announced For Social Impact Investment Fund That Backs Under-Represented Groups


credit: USACE on Flickr

In the UK, entrepreneurs from underrepresented groups are often shut out of investment opportunitiesuntil now.

That's about to change.

Big Issue Invest, the University of Edinburgh's Social Responsibility Initiative, and the Bank of America are teaming up to create the UK's largest social investment fund, the Guardian reports.

The fund, called the Growth Impact Fund, will invest in "social enterprises and organizations from underrepresented backgrounds," according to a press release.

It's designed "to tackle racial inequality by being built around needs of entrepreneurs historically locked out of social investment," says Dave Gorman, director of the Social Responsibility Initiative.

Interested parties can check out the fund's eligibility criteria here. Read the Entire Article


Selected Grant News Headlines

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

Sterling One Foundation Announces 2Nd Edition of the Africa Social Impact Summit

The world's first social impact conference will be held in Africa for the second year in a row. The Sterling One Foundation announced Tuesday that the second Africa Social Impact Summit will be...more

Investors Are Turning Towards Impact Investing

The world's richest people are putting their money where their mouth is. In a new trend, they're investing in things that have a positive impact on the world, such as education, health care, and...more

Sound Impact: Investing to Make a Difference in Emerging Markets

One of the world's biggest banks has taken a stand against climate change by investing in green energy projects in some of the world's poorest countries. The move by Abu Dhabi's Alpen Capital is...more

Philips Foundation 2022 Annual Report: Partnering to Provide Healthcare Access to over 26 ...

Some 26 million people in under-served communities around the world now have access to health care, a 50% increase from last year, according to a new report from the Royal Philips Foundation. The...more

Philips Foundation 2022 Annual Report: Partnering to

"In the face of adversity and limited resources, they are leveraging digital technologies, performing early screening and testing, providing basic treatment or timely referral, and driving...more

Fund Grants Loans in Developing Countries and Generates Returns

When financial expert Edda Schr ? 'der reflects on what she thinks about impact investing (German: social impact investing), she speaks of Fatima from Uganda. Schr ? 'der founded the fund...more

Impact Investing Benefits Baltimore; We Need More of It
Foundation: MacArthur Foundation, Baltimore Community Foundation, Ford Foundation, Rockefeller Foundation, Winthrop Rockefeller Foundation

"There always seems to be a shortage of resources to seize those opportunities," writes Baltimore Community Foundation President Shanaysha Saul in an op-ed in the Baltimore Sun. "Even when...more

Impact Investor Illumen Capital Closes $168M Vehicle

"The basics of financial analysis often get interrupted when race or gender is present," says Daryn Dodson, CEO of Illumen Capital. That's why the Detroit-based fund-of-funds is closing its...more

Impact Investor Illumen Capital Closes $168M Vehicle

"The basics of financial analysis often get interrupted when race or gender is present," says Daryn Dodson, CEO of Illumen Capital. That's why the Detroit-based fund-of-funds is closing its...more

Stakeholders Suggest Ways To Fast-Track Growth Of Impact Investing In Nigeria

There's a massive financing gap in Nigeria's agriculture, health, and education sectors that needs to be filled, according to a new study. The study, conducted by the International Development...more



Co-founders William Mann and David Mravyan devised the Sensimat during a mandatory project for their MBA at the Richard Ivey School of Business in Canada. Sensimat is a device that helps manage and assess pressure among wheelchair users.




Social Services Jobs in Iowa

  Program Director Jobs
  Fundraising & Development Jobs
  Executive Director Jobs
  Social Services Employment
  Education Jobs


Federal Government Grant and Assistance Programs


North American Wetlands Conservation Fund | Postsecondary Education Scholarships for Veteran"s Dependents | Food and Drug Administration_Research | Environmental Protection Consolidated Grants for the Insular Areas Program Support | Residential Fire Safety & Fire Sprinkler Initiatives | Weapons Removal and Abatement | Community Development Revolving Loan Fund Program for Credit Unions | Federal Surplus Property Transfer Program | | Site Style by YAML | Grants.gov | Grants | Grants News | Sitemap | Privacy Policy

Edited by: Michael Saunders

© 2008-2023 Copyright Michael Saunders