SIS set to increase impact as manager of £62 million investment fund

Responsible finance provider Social Investment Scotland (SIS) is leading the delivery of a new £62 million investment fund which has been launched to help small businesses in England and Wales access finance to support local jobs and economic activity. Many small businesses access finance from socially motivated lenders such as Community Development Finance Institutions (CDFIs), but CDFIs themselves face barriers to achieving long-term sustainability and securing capital at scale to meet the demand of small businesses. SIS, which is itself a CDFI and has been investing in the social sector…

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