Big Society fund launches with 600m to invest

This from BBC News:

A new financial institution set up by the UK government to finance charities and community groups has been launched.

Big Society Capital has 600m, of which the majority comes from unused cash in bank accounts that had been dormant for more than 15 years.

The fund will back social enterprises that prove they can repay an investment through the income they generate.

Read the rest here...

I wonder if youth work projects will be able to benefit from this? I suspect they will.

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