News items
This page contains a selection of news items relevant to social enterprise at national, regional and local level. Details of funding opportunities and grant-making bodies can be found in the Support section. We endeavour to keep this page up-to-date but if you know of a piece of news that would be useful to share, please email info@wssen.org.uk
04/05/10 Make a Difference Investment Club (MAD), to raise £1m
Addidi, the UK wealth manager targeting wealthy women, launched MAD. Members will need to commit a minimum of £5000. Founder Anna Sofat said: “The fund aims to make a bigger social impact. By joining MAD, investors will benefit from our commitment to develop a modern, relevant model for giving and social investing so we can achieve change in society.”
MAD’s first investment will be Big Issue Invest Social Enterprise Investment Fund (SEIF). This invests in social enterprises. According to government estimates, there are more than 55,000 social enterprises in the UK, generating an annual turnover of more than £27bn. Well-known examples include The Big Issue, Café Direct and Jamie Oliver’s Fifteen. For more information visit http://www.money-marketuk.com/index.php?option=com_content&view=article&id=808:club-investing-goes-mad&catid=70:insurance&Itemid=395