Dormant bank accounts boost social finance growth

Big Society Capital hits £600 million; Portugal, Japan, Israel adopt model.

Bright spark. Big Society Capital funds projects like Plymouth Community Energy’s solar farm in the UK

Can dormant bank accounts be the springboard for expanding social finance as an industry? 

In January, the UK government announced it would be distributing £100 million to social investment firm, Big Society Capital. An extra £35 million is also being placed with Big Society Capital and Access – the Foundation for Social Investment, with the specific aim to increase the sustainability of the UK social investment market.

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