Contact Us

Voluntary Sector North West
St. Thomas Centre

Ardwick Green North
Manchester
M12 6FZ
Tel: 0161 276 9300
Fax: 0161 276 9301
Email: info@vsnw.org.uk

Big Issue Invest and TSELF join forces

29 June 2012

Two of the UK’s leading social investors, Big Issue Invest (BII) and The Social Enterprise Loan Fund(TSELF) have announced they have merged – the first merger in the sector between two Community Development Finance Institutions. Both
organisations have a strong track record of investing and making loans to social enterprises and charities. The merger
provides a platform for growth and allows for a combined total of £8m to be immediately available for investment
as
individual loans or equity-like investment in amounts ranging from £50,000 to £1m.

To date, BII and TSELF have invested in 185 enterprises and disbursed over £18.5m in loans and investments. Nigel Kershaw, CEO, BII, said: “Both organisations have the same mission – to dismantle poverty and inequality, and we do this by investing in social enterprises and charities providing sustainable solutions to social and environmental challenges. We owe a debt of thanks to all those social enterprises that have come to us for finance. As TSELF and Big Issue Invest are social enterprises ourselves this has allowed us to reinvest even more into the sector rather than pay out dividends and bonuses.

TSELF will now operate as part of Big Issue Invest, the social investment arm of The Big Issue.

For further information, visit the Big Issue Invest and The Social Enterprise Loan Fund websites. 

 

Featured News

31 March 2015

Guidance for Providers on Displaying CQC Ratings

Following consultation CQC has now produced guideance for providers on meeting the new requirement to display CQC ratings in their premises and online.  These ratings tell the public whether a service is outstanding, good, requires improvement or inadequate.

They have also published the final and complete guidance on regulations (the Fundamental Standards).

 

17 February 2015

Extension to Big Assist Programme

The National Council for Voluntary Organisations and the Big Lottery Fund have announced that the Big Assist programme to support infrastructure organisations has been extended

4 February 2015

Defra confirms further funding for ACRE

Defra (the Department for Environment, Food & Rural Affairs) has confirmed that it will maintain its investment of £2.3m in the ACRE Network for 2015/16

2 February 2015

DoH, NHS, Public Health England VCSE Sector Review Launched

The Department of Health, NHS England and Public Health England have launched a review of their funding of  the voluntary, community and social enterprise sector which helps to improve the health and wellbeing of the nation’s population

2 February 2015

Launch of the report of the Independent Commission on the future of local infrastructure

VSNW welcomes the final report of The Independent Commission on the Future of Local Infrastructure, of which we were proud to be a member

Contact Us

Voluntary Sector North West
St. Thomas Centre
Ardwick Green North
Manchester
M12 6FZ
Tel: 0161 276 9300
Fax: 0161 276 9301
Email: info@vsnw.org.uk