This UK-wide report into the social investment market, commissioned by the Big Lottery Fund and carried out by NPC and ClearlySo, is based on survey responses from 1255 organisations. NPC and ClearySo also interviewed over 40 investors, intermediaries and support providers.
The findings reveal that 47% of survey respondents who failed to secure investment felt they did not lack any financial, marketing or business skills. This is in sharp contrast to the views of investors and intermediaries who viewed the lack of suitable financial skills among potential investees as a critical barrier. They also identified wider problems in the market such as a general lack of understanding of the concept of social investment and the challenge of changing mindsets from the traditional charitable model to a business model.
By New Philanthropy Capital (NPC)