www.bigsocietycapital.com
@BigSocietyCap
BIG SOCIETY CAPITAL
Geetha Rabindrakumar @GeethaBigSocCap
[email protected] April 2017
BIG SOCIETY CAPITAL
We are an independent financial
institution with a social
mission, set up to help charities
and social enterprises find the
right kind of repayable finance
they need to do more of their
fantastic work.
Homes for Good
What is social investment?
Social investment is repayable money to help charities and social
enterprises to create even more impact through their work.
Another tool
Trading Donations
Bank
Finance
Contracts/ Payment
By Results
Social
Investment
FINANCIAL TOOLKIT
To build innovation, growth and sustainability
Early considerations
What do you need
investment for?
Is there an income
stream with a
surplus?
What social impact
will you create?
For an asset
Working capital
Bridging finance
To expand
Government contract
Rental income
Membership fees
Donations
Trading
Who are social investors?
PhilanthropyTraditional
Investment
Trusts and
Foundations
Individual
Investors
Angel
Networks
Social
Investment Fund
Managers
Social Investment
Social Return Financial Return
Funding growth
Funding innovation
& sharing risk
Supporting resilience
Why are charities using social investment?
As an investor
We provide finance to fund managers and social banks, who invest in
charities and social enterprises to tackle social issues in the UK.
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SIB
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BSC committed investments
Social Investment Market (outstanding investments)
Secured debtUnsecured
debt
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BSC significant
role in
establishing/
expanding
BSC commitments have increased product diversity…
St Mungo’s Broadwaywww.mungos.org
PROBLEM
There are over 6,500 people
sleeping rough in London
and 42,000+ households
living in temporary
accommodation which is
expensive and not
sustainable.
SOLUTION
Real Lettings provides
affordable accommodation
for up to two years to
homeless families and
individuals who are ready for
independent living but
struggle to access private
rented accommodation.
REVENUE MODEL
Real Lettings leases
property from the Real
Lettings Property Fund for a
five year term. Rental
income from the properties
which is largely from housing
benefit is used to repay
investors.
IMPACT
The Fund aims to help up to
600 people by providing
around 220 properties over
seven years. 67% of tenants
have received help to find
new networks and 94% are
either in work, education or
training.
Ways to Wellnesswww.waystowellness.org.uk
PROBLEM
People from disadvantaged
backgrounds are more likely
to suffer with long-term
health conditions, with an
earlier onset . They have
poorer health outcomes and
consume more health
service resources.
SOLUTION
Ways to Wellness adds to
and complements medical
support through social
prescribing: patients are
helped to manage their long-
term conditions through one-
to-one and community
support
REVENUE MODEL
Ways to Wellness is funded
through a Social Impact
Bond (SIB). Repayments to
investors will be governed by
a “payments-by-
results” contract with
the Newcastle Gateshead
CCG.
IMPACT
Over seven-years, more
than 11,000 people will
benefit. Success will be
measured by an
improvement in
wellbeing and reductions in
hospital visits, admissions
and the length of stays.
What kind of investment? You have choices!
Goodfinance.org.uk
A website for charities & social enterprises to help them navigate social investment
Funded by
In partnership with
A collaborative project between organisations committed to improving access to information on investment & finance for charities & social enterprises
“As with any other aspect of strategy, trustees should feel confident to
make bold and even radical decisions on social investment as long as
they comply with their duties and responsibilities in reaching the
decision and they know they have the information they need.“
Sarah Atkinson, Director of Policy and Communications, Charity
Commission
“If you want to do things differently and transform lives in a way
that hasn’t been achieved before, you need the disruption that
social investment creates”
bigsocietycapital.com
@BigSocietyCap
Big Society Capital Limited is registered in England and Wales at Companies House
number 07599565. Our registered office is New Fetter Place, 8-10 New Fetter Lane,
London EC4A 1AZ. Big Society Capital is authorised and regulated by Financial
Conduct Authority number 568940.
Big Society Capital is currently co-developing www.goodfinance.org.uk a website for charities and social enterprises to find information about social investment.
Access – The Foundation for Social Investment aims to bridge the gap between charities and social enterprises, and social investors. www.access-socialinvestment.org.uk
You can also visit www.bigpotential.org.uk for information about investment readiness and capacity building.
For more information
For those that are interested in exploring social investment further,
do take a look at the Good Finance website.
http://www.goodfinance.org.uk/
For those that are trustees or involved with supporting their
Boards, the GET INFORMED campaign provides resources, the
opportunity to hear from peers, and 1:1 mentoring support.