Tag: Big Issue Invest

Newcastle-based cultural not-for-profit receives £45K in funding from Big Issue Invest

Stuart Mitchell

Cobalt Too CIC, has received £45K in funding from Big Issue Invest to help refurbish its current premises and expand its offering to local artists by providing further studio space.  The not-for-profit, community interest company was created in 1999, and works to bring people together through creativity and arts by programming high quality culture which is both affordable and accessible, and through offering learning opportunities to the local community. Cobalt aims to support all creative production and champion new and underrepresented culture, ensuring inclusivity is at the heart of the…

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Entrepreneurial social enterprise that helps young people from underrepresented communities receives £127K from Big Issue Invest

Stuart Mitchell

This International Women’s Day, Big Issue Invest is celebrating the female-led award-winning social enterprise Foundervine. The organisation has supported over 5,000 diverse-led ventures to start and scale through training, space, networks and access to capital. The organisation has recently been supported with £127,000 in investment from Big Issue Invest, the investment arm of Big Issue Group. Izzy Obeng, CEO of Foundervine, founded the organisation to help change the global face of entrepreneurship by building outstanding programmes that help entrepreneurs build sustainable ventures, and by solving the opportunity gap that currently…

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New investors announced for social impact investment Fund that backs people the mainstream does not reach

Stuart Mitchell

A social impact investment fund developed by Big Issue Invest (BII), UnLtd and Shift, aimed at social enterprises and organisations from underrepresented backgrounds, has welcomed a host of further investors onboard, as the fund’s completed on its first close of £8.2m towards its £25M target size.  The fund has welcomed the following additional backers:  Big Society Capital, Greater Manchester Combined Authority, the University of Edinburgh, Scope, Trust for London, Joseph Rowntree Foundation, Charities Trust, Barrow Cadbury Trust and Nick Marple, the renowned philanthropist. The backers will join the existing major…

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Big Issue Invest supports organisation empowering abandoned children around the world with £130K in funding

Stuart Mitchell

Big Issue Invest, the investment arm of Big Issue Group, have invested £130K into From Babies With Love, a social enterprise that supports abandoned and orphaned children around the world. From Babies with Love’s social mission is to innovate products and services that create a new source of income to care for orphaned and abandoned children. Their goal is to donate £1 million profit per year to their partner charities, empowering over 100,000 vulnerable children. The money from Big Issue Invest will allow the organisation to expand its staff and…

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Big Issue Invest reports £37 million of investment into social enterprises and charities at time of crisis

Stuart Mitchell

Big Issue Invest (BII) has launched its 2021-2022 Impact Report. The report revealed that the social investment arm of The Big Issue supported 138 social enterprises across the UK and had £37.5 million Assets Under Management (AUM) as of March 2022*. The report detailed how, in turn, those 138 social enterprises were able to support over 2 million customers across the UK in the same period. 92% of investments made by BII contribute to core solutions to poverty. Investees supported by BII have an average turnover of £5.59m and employ…

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