In this report, social investment is definied as any form of repayable finance (unsecured loan, mortgage, bond, repayable grant etc) or equity that is given to or invested into social enterprises.

The researchers engaged with at least 300 social enterprises across every region and nation of the United Kingdom, seeking to give voice to the ‘end-users’ of social investment. They also drew on relevant data and ran ‘witness’ sessions and workshops with a range of stakeholders.

Their main conclusion is that comprehensive structural reform to the social investment market is required to make it work effectively.

Published in January 2022 by the Commission on Social Investment.