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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