It was the second Conference on Social Impact Investing in London and the turn out was bigger and better than last year.
Amongst our speakers was Robin Wilson MP, the Minister for Civil Society, assuring us of the Government’s continued commitment to Social Investing.
For those who don’t know about this subject, briefly it’s a new approach to the way some of our social problems are tackled.
Instead of Charities or Social Service interventions, entrepreneurs, philanthropist and, increasingly, investors look to fund new ways of making a difference.
An excellent example being the oldspikeroastery. It brings to mind “give a man a fish and he will eat for the day, teach him to fish and he will eat forever”.
The funding has, in the past, come from philanthropists and enlightened investors. The Government has provided tax relief to encourage Social Impact Investors and add to the capital and interest return they receive.
My Regulator, the Financial Conduct Authority, is authorising funds for the smaller investor, those who want to make money and make a difference.
More about this here resonance.ltd
If you have questions please feel free to contact me [see below].