It has been a couple of weeks since we first updated you about our response to the coronavirus crisis, our activities since our launch in November and our plans for the coming months. The human and economic cost of this pandemic has been devastating for individuals, families and businesses and we are likely to experience the aftershocks for a very long time.
News and views
With the social and economic repercussions of COVID-19 affecting every corner of the globe, impact investing offers a pathway to building a more resilient future for us all. Resilience is our new north star – the guiding principle that will ensure that we build sufficient resource capacity to absorb adversity and avoid a slide into economic, social and health despair.
We all have pictures and voices in our minds from the last few weeks. For me, the most persistent image is of the migrant workers forced to leave Delhi after lockdown was imposed and walk hundreds of miles back to their home towns, often with no money and nothing to eat.
Small businesses, social enterprises, and charities are vital to our communities. They are also hit hardest by the current coronavirus pandemic and are struggling to access much needed emergency finance to survive this crisis. We put together some useful funding resources for social purpose organisations and investors.
Press Release: £100 million response announced to help social sector organisations through the coronavirus crisis
An ambitious £100 million programme of loans and investment is announced today to help get much-needed emergency funding to social enterprises, charities and small businesses in disadvantaged areas affected by the coronavirus pandemic.
It is four months since the Impact Investing Institute had its official launch in Sheffield and London, and like everyone else, we are responding to the coronavirus pandemic and its devastating human and economic costs on communities around the world.