Commitment to Action

UK Corporate Social Impact Investment Prize

Commitment by

Big Society Capital

In 2014, Big Society Capital (BSC) committed to offer a monetary prize to attract a new set of players to the social investment market, particularly companies, unlocking both capital and talent to solve challenging social problems.?The ambition was to find a major corporation to co-invest 1:1 with BSC on a project, venture, or investment fund that would create significant financial and social returns in the United Kingdom. The capital invested would flow through a co-designed fund to underlying investments that might include social ventures or targeted, high-impact projects implemented within larger organizations that have a clear social mission and go beyond traditional corporate social responsibility. Along with its capital investment, BSC committed to providing a small team of investment professionals to assist with the design and monitoring of the fund or project structure.?Big Society Capital would also bring in other social investors such as high net worth individuals or foundations where additional funding resources as needed.

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Overview
Summary

Commitment

UK Corporate Social Impact Investment Prize

Launched

2014

Est. Duration

1 year

Estimated Total Value

$52,000,000

Region

Europe

Countries

UNITED KINGDOM

Commitment by

Big Society Capital

Partner(s) of the Commitment Maker(s)

Interserve Plc, Catch 22