Tag: Big Issue Group

Big Issue Group supporting 10% more people to earn and work as UK poverty crisis deepens

Stuart Mitchell

Big Issue Group’s 2023 Impact Report, published last month, shows a stark rise in reach, support and engagement in its services as the impact of the ongoing poverty crisis solidifies, leaving millions of Britons trapped in poverty. The report shows that the Big Issue Group has made major strides towards its ambitious goal of engaging 11 million people by the end of 2026, with number of people reached and impacted by its work rising to 9.6 million in 2023 – a 24% increase on the previous year. It’s set against…

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Big Issue Group’s specialist recruitment service reports more than £755,000 of social value in first year

Stuart Mitchell

Big Issue Recruit (BIR) has released its first impact report, which details more than £755,000 of social value in its first year of operation. The report from the Big Issue Group’s (BIG) specialist recruitment service, designed for people facing barriers to work, has revealed that in its first year of trading, BIR has registered and supported 109 candidates. 80 candidates have so far been put forward for vacancies, with 43 securing employment. BIR has established a social value framework which can be used to demonstrate the monetary social value of…

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Social investment arm of the Big Issue Group releases Impact Report showing support for 1.5 million people in need in UK

Stuart Mitchell

Big Issue Invest (BII) has launched its 2022-2023 Impact Report. The report revealed that the social investment arm of The Big Issue supported 140 social enterprises across the UK and had £45 million Assets Under Management (AUM) as of 31 March 2023. The report detailed how, in turn, those 140 social enterprises were able to support 1.5 million customers across the UK in the same period. 94% of investments made by BII contribute to core solutions to poverty, extending the mission and work of the Big Issue Group. The organisation also…

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Social investment arm of the Big Issue Group powers up diverse social enterprises in London with £660K of investment

Stuart Mitchell

Big Issue Invest (BII), the investment arm of the Big Issue Group (BIG), has opened up applications for a new investment programme, aimed at new and early-stage social enterprises in London. Power Up London is an accelerator programme for London-based, diverse-led, early-stage socially impactful organisations addressing social and/or environmental issues and providing services to underrepresented communities. The programme is delivered by BII with funding by the UK Shared Prosperity Fund (UKSPF), a central pillar of the UK government’s Levelling Up agenda to invest in communities and support local businesses Successful…

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Social investment arm of the Big Issue Group launches its fourth Social Impact Investment Fund

Stuart Mitchell

Big Issue Invest (BII), the investment arm of the Big Issue Group (BIG), is calling for applications to its Social Impact Debt Fund IV (“Fund IV”).  Fund IV is a private debt fund, which will lend to organisations across the UK looking to grow their social impact.  The fund will focus on three core sectors – health and social care, affordable housing and social infrastructure (for example co-working spaces, education & training, nurseries and arts organisations). The fund seeks national exposure with an emphasis on areas of poverty and deprivation…

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