Social investment with Nick Temple, funding charities and social enterprises to grow their impact
Charity ImpactShow Notes
In this episode of the Charity Impact podcast, I talk to Nick Temple, CEO of Social Investment Business, so if you’re interested in social investment for your charity or social enterprise, or if you’re just looking for some insight into the current social investment market as I was, then this episode is for you. * The Charity Impact podcast is the in-depth podcast for people working in the charity / non-profit sector, or more broadly to achieve social impact and/or social change. * We discuss social investment, starting with an introduction to the market and the context of how the social investment sector has developed over time to the point we’re at now where there is more social investment being made and a wider range of products and providers but there is still room for improvement, for example in making the finance more accessible to underrepresented parts of the sector including black and minority led organisations who have been under-invested in historically. Nick outlines the main types of investment product available and gives some insight to the Social Investment Business portfolio, in terms of who has been funded, the mix of investment products and how the investment is being used for social impact including asset purchase, cash flow, seed funding, bridging loans and more. We also look at common traits of successful applications for social investment; the application and assessment process and requesting proportional and useful information, shifting the requirement for analysing the data from applicant to funder. Nick tells us about how the Social Investment Business has used data to improve transparency, effectiveness and to understand the landscape investees operate in; and how learning about inequity has led to working with partners such as Create Equity and Ubele Initiative to reach Black and minority led organisations who haven’t had the same access to funding historically. We end the conversation with a look at the impact of the Social Value Act on charities and social enterprises, including how to benefit from it when preparing tenders and as a result of large scale public sector programmes that need to demonstrate social value. * If you enjoy the podcast, please do follow us and leave a rating / review. For links to resources and organisations mentioned in this episode, please visit https://www.kedaconsulting.co.uk/charity-impact-podcast/ If you have any questions, feedback or enquiries regarding the podcast, you can reach us at E-mail: [email protected] Twitter: @CharityImpactPd LinkedIn: https://www.linkedin.com/company/charity-impact-podcast/ Facebook: https://www.facebook.com/profile.php?id=100090990481787 The purpose of the Charity Impact podcast is to learn more about how effective charities and individuals achieve social change or social impact. Each episode, I ask a guest working in this field about their approach so that you and I can gain insights to maximise the impact of our own work. These 1-2-1 interviews will cover a variety of areas, including strategy, social impact, learning and evaluation, funding and philanthropy, income generation and fundraising, sector issues and more. This podcast is for anyone who wants to make a difference, but particularly those who are working for social change / impact; including charity trustees, CEOs, staff, volunteers, advisors, philanthropists and public service professionals.
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