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Social Business Trust
Social Business Trust (SBT) is a registered UK charity established in December 2010 by Damon Buffini and social entrepreneur Adele Blakebrough MBE. The organisation provides grants and business advice to social enterprises based in the UK, in order to support the growth of selected social enterprises and help them to achieve greater social impact. History The six founding partners of the fund are Bain & Company, Clifford Chance, Credit Suisse, Ernst & Young, Permira and Thomson Reuters. They have committed cash, which will be given out in the form of grants and pro-bono support, with the aim of rapidly growing more than 20 social enterprises. CEO Adele Blakebrough, co-founder and former Chief Executive of Community Action Network, and Damon Buffini, partner and former chairman of private equity firm Permira, initially worked together in 2005, supporting social enterprises to scale up. Since inception, Social Business Trust has made six investments in UK based social enterpr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Damon Buffini
Sir Damon Marcus Buffini (born 1962) is a British businessman and governor of the Wellcome Trust. He was formerly head of the private equity company Permira. Education and early life Born in Leicester in 1962, the son of an African-American serviceman and a British woman, he was educated in Leicester and graduated with a degree in Law from St John's College, Cambridge, and has an MBA from Harvard Business School. Career Buffini worked for L.E.K. Consulting, and under the firm's scholarship scheme undertook an MBA from Harvard Business School. On return to the UK he joined Imperial Group working as a management consultant, before being recruited by Jon Moulton (now head of rival firm Better Capital), in 1988 to join Schroders leveraged buyout team, known then as Schroder Ventures Europe. Buffini became a partner in 1992, and was promoted to managing partner of the UK business in 1999, and managing partner in 2000, just before he led a management buyout group and renamed ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Venture Philanthropy
Venture philanthropy is a type of impact investment that takes concepts and techniques from venture capital finance and business management and applies them to achieving philanthropic goals. The term was first used in 1969 by John D. Rockefeller III to describe an imaginative and risk-taking approach to philanthropy that may be undertaken by charitable organizations. Examples For example, in 2000 The Chicago Public Education Fund became the only venture philanthropy in the United States focused on a single urban school district, which served as a catalyst and strategic investment partner for Mayor Richard M. Daley and four Chicago Public Schools (CPS) administrations. Other examples of this type of venture philanthropy are New Profit Inc., the Robin Hood Foundation, Tipping Point Community, Cure Alzheimer's Fund, The Redstone Acceleration & Innovation Network (TRAIN) initiative from FasterCures, the Asian Venture Philanthropy Network (AVPN), Social Ventures Australia (SVA) in Au ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Big Society
The Big Society was a sociopolitical concept of the first 15 years of the 21st century, that was developed by the populist Steve Hilton, that sought to integrate free market economics with a conservative paternalist conception of the social contract that was influenced by the 1990s civic conservatism of David Willetts. Big Society influenced the 2010 UK Conservative Party general election manifesto and the legislative programme of the Conservative–Liberal Democrat coalition agreement. The relevant policy areas were devolved in Northern Ireland, in Scotland and in Wales, to, respectively, the Northern Ireland Executive, the Scottish Government and the Welsh Government. The Big Society failed: British PM David Cameron, and subsequent British Governments, declined to publicly use the term 'Big Society' after 2013; and the ''Big Society Network'' was dissolved in 2014; and the unfavorable conclusive 'Big Society' audit, by ''Civil Exchange'', was published in January 2015. Lau ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Select Committee (United Kingdom)
In British politics, parliamentary select committees can be appointed from the House of Commons, like the Foreign Affairs Select Committee; from the House of Lords, like the Delegated Powers and Regulatory Reform Committee; or as a joint committee of Parliament drawn from both, such as the Joint Committee on Human Rights. Committees may exist as "sessional" committees – i.e. be near-permanent – or as "ad-hoc" committees with a specific deadline by which to complete their work, after which they cease to exist, such as the Lords Committee on Public Service and Demographic Change. The Commons select committees are generally responsible for overseeing the work of government departments and agencies, whereas those of the Lords look at general issues, such as the constitution, considered by the Constitution Committee, or the economy, considered by the Economic Affairs Committee. Both houses have their own committees to review drafts of European Union directives: the Eur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Policy Exchange
Policy Exchange is a British conservatism in the United Kingdom, conservative think tank based in London. In 2007 it was described in ''The Daily Telegraph'' as "the largest, but also the most influential think tank on the right". ''The Washington Post'' said Policy Exchange's reports "often inform government policy in Britain." and Iain Dale described it as the ‘pre-eminent think tank in the Westminster village”, in ConservativeHome. Policy Exchange is a registered charity. Founded in 2002, it describes itself as an independent, non-partisan educational charity whose mission is to develop and promote new policy ideas that will deliver better public services, a stronger society and a more dynamic economy. The policy ideas developed by the think tank which have been adopted as government policy include Free school (England), free schools, Police and crime commissioner, Police and Crime Commissioners, Garden Villages and protecting the armed forces from lawfare. Policy Excha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Think Tank
A think tank, or policy institute, is a research institute that performs research and advocacy concerning topics such as social policy, political strategy, economics, military, technology, and culture. Most think tanks are non-governmental organizations, but some are semi-autonomous agencies within government or are associated with particular political parties, businesses or the military. Think-tank funding often includes a combination of donations from very wealthy people and those not so wealthy, with many also accepting government grants. Think tanks publish articles and studies, and even draft legislation on particular matters of policy or society. This information is then used by governments, businesses, media organizations, social movements or other interest groups. Think tanks range from those associated with highly academic or scholarly activities to those that are overtly ideological and pushing for particular policies, with a wide range among them in terms of th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Global Recession
A global recession is recession that affects many countries around the world—that is, a period of global economic slowdown or declining economic output. Definitions The International Monetary Fund defines a global recession as "a decline in annual percapita real World GDP (purchasing power parity weighted), backed up by a decline or worsening for one or more of the seven other global macroeconomic indicators: Industrial production, trade, capital flows, oil consumption, unemployment rate, percapita investment, and percapita consumption". According to this definition, since World War II there were only four global recessions (in 1975, 1982, 1991 and 2009), all of them only lasting a year (although the 1991 recession would have lasted until 1993 if the IMF had used normal exchange rate weighted percapita real World GDP rather than the purchasing power parity weighted percapita real World GDP). The 2009 global recession, also known as the Great Recession, was by far the worst ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coalition Government
A coalition government is a form of government in which political parties cooperate to form a government. The usual reason for such an arrangement is that no single party has achieved an absolute majority after an election, an atypical outcome in nations with majoritarian electoral systems, but common under proportional representation. A coalition government might also be created in a time of national difficulty or crisis (for example, during wartime or economic crisis) to give a government the high degree of perceived political legitimacy or collective identity, it can also play a role in diminishing internal political strife. In such times, parties have formed all-party coalitions (national unity governments, grand coalitions). If a coalition collapses, the Prime Minister and cabinet may be ousted by a vote of no confidence, call snap elections, form a new majority coalition, or continue as a minority government. Coalition agreement In multi-party states, a coalition agreeme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
UnLtd
UnLtd - The Foundation for Social Entrepreneurs is a charitable organisation in the United Kingdomhttps://web.archive.org/web/20110708135204/http://www.charityperformance.com/charity-details.php?id=12738 , The Foundation for Social Entrepreneurs, Retrieved February 18, 2011. set up by seven organisations that promote social entrepreneurship. The organisation offers cash awards, networking and mentorship opportunities for social entrepreneurs in the UK, and has affiliate organizations in a number of other countries. History UnLtd was formed in 2000 by seven non-profit organisations: Ashoka: Innovators for the Public, Changemakers, Community Action Network (CAN), Comic Relief, The Scarman Trust, SENSCOT, and The School for Social Entrepreneurs (SSE). The awards are funded by the income generated by a £100 million endowment from the Millennium Commission as a permanent source of grants for individuals throughout the United Kingdom to develop their skills and talents, and to con ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Socially Responsible Investing
Socially responsible investing (SRI), social investment, sustainable socially conscious, "green" or ethical investing, is any investment strategy which seeks to consider both financial return and social/environmental good to bring about social change regarded as positive by proponents. Socially responsible investments often constitute a small percentage of total funds invested by corporations and are riddled with obstacles. Recently, it has also become known as " sustainable investing" or "responsible investing". There is also a subset of SRI known as "impact investing", devoted to the conscious creation of social impact through investment. In general, socially responsible investors encourage corporate practices that they believe promote environmental stewardship, consumer protection, human rights, and racial or gender diversity. Some SRIs avoid investing in businesses perceived to have negative social effects such as alcohol, tobacco, fast food, gambling, pornography, weapo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Equity
In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a type of ownership of assets ( financial equity) and is a class of assets (debt securities and equity securities), which function as modes of financial management for operating private companies that are not publicly traded in a stock exchange. Private-equity capital is invested into a target company either by an investment management company (private equity firm), or by a venture capital fund, or by an angel investor; each category of investor has specific financial goals, management preferences, and investment strategies for profiting from their investments. Each category of investor provides working capital to the target company to finance the expansion of the company with the development of new products and services, the restructuring ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Social Entrepreneurship
Social entrepreneurship is an approach by individuals, groups, start-up companies or entrepreneurs, in which they develop, fund and implement solutions to social, cultural, or environmental issues. This concept may be applied to a wide range of organizations, which vary in size, aims, and beliefs. For-profit entrepreneurs typically measure performance using business metrics like profit, revenues and increases in stock prices. Social entrepreneurs, however, are either non-profits, or they blend for-profit goals with generating a positive "return to society". Therefore, they use different metrics. Social entrepreneurship typically attempts to further broad social, cultural and environmental goals often associated with the voluntary sector in areas such as poverty alleviation, health care and community development. At times, profit-making social enterprises may be established to support the social or cultural goals of the organization but not as an end in themselves. For example, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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