Better Society Capital
UK social investment organisation
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2024 | Better Society Capital had invested a total of £925 million and attracted nearly £3 billion in co-invested private capital since its inception. |
April 2024 | The organisation was renamed to Better Society Capital to more accurately articulate its mission. |
March 2023 | The UK government announced that social investment would continue to receive funding from dormant asset allocations. |
2022 | The Department for Culture, Media and Sport launched a consultation on allocating a further £880m of dormant assets. |
April 2012 | Big Society Capital was officially launched by the Prime Minister at an event hosted by the London Stock Exchange. |
April 2012 | Better Society Capital was established as the world's first social investment institution, launching with a £600m investment fund from dormant bank accounts and four leading UK high street banks. |
2011 | The Merlin Agreement committed the four largest UK banks to invest £200 million in setting up the Big Society Bank. Ronald Cohen and Nick O'Donohoe offered a proposal to the Government for the bank's establishment. |
March 31 2010 | David Cameron announced the creation of a 'Big Society Bank' funded by unclaimed bank assets as part of the Big Society initiative. |
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