Big Issue Invest is a social business that supports other social businesses that are contributing to positive social and/or environmental change. They also work with charities who want to find solutions to bring in revenue. Their team is made up of social entrepreneurs and finance professionals, who bring their experience together to offer support through financing, ranging from £50,000 ($79,000 U.S.) to £500,000.
"As a social enterprise itself, Big Issue Invest pays any dividends generated up to its parent, The Big Issue, also a social enterprise with a charitable arm, The Big Issue Foundation," their website explains.
The Big Issue is a publication written by journalists that was launched in 1991 to help support London's homeless population through distribution wages. It now provides income for 2,800 individuals facing poverty, and last year alone paid £5million ($7.9 million) to the individuals who sold the newspapers.
The Big Issue Foundation is the aforementioned charitable arm, which helps those who have dealt with, or are dealing with, homelessness regain their independence.
Big Issue Invest has helped finance social enterprises like 4Children, Active Life, Pathfinder Healthcare Developments, Pines Calyx, Training for Life, Turning Point, the Venture Partnership Foundation and War Child.
Big Issue Invest website
The Big Issue website
The Big Issue on Twitter
The Big Issue on Facebook
The Big Issue Foundation on Facebook
Social Enterprise Financing
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'Big Issue Invest' is a Social Business that Invests in Others
- By: BiancaFeb 3, 2012