Investment Landscape Presentation to Nominet Trust Academy by Daniel Linde October 16, 2012

Spectrum of Organisational Models A wide range of financing options Social enterprise v social purpose business Source: CAF Venturesome

Functions of Capital Cash-flow finance Working capital Building up internal capacity / recruitment of staff etc Expansion of activities (new activities or more of existing activities) Asset purchase Start-up costs Reserve funds / safety net resources Research & development or piloting an initiative Source: ClearlySo

Types of Capital Donation Grant Debt Equity Quasi-equity Community share Payment by results

Matching Sources and Uses Source: CAF Venturesome

Sources of Capital Angels Clearly Social Angels Other angel networks – The Funding Network High net worth individuals Institutional Investors Philanthropists Corporate investors Other institutional capital Co-Funds The FSE/Resonance Angel Co-Fund The Angel Co-Fund Big Venture Challenge matching fund …Investors With a Social Lens…

Sources of Capital Social Venture Capital Big Issue Invest Bridges Ventures CAF Venturesome Venture Philanthropy CAN Breakthrough Impetus Trust Private Equity Fund Social Business Trust Shared Impact

Sources of Capital Social Banks & Ethical Lenders Charity Bank Triodos Community Banking Barclays Community Finance Fund Co-operative Bank

Sources of Capital Foundations & Trusts Calvert Foundation Coutts Charitable Trust & Foundation Esme Fairbairn Foundation Joseph Rowntree Charitable Trust Nesta Nominet Trust Sainsbury Family Charitable Trusts

Sources of Capital Award Organisations Ashden Ashoka Deloitte Social Innovation Pioneers Technology Strategy Board UnLtd Nesta: Centre for Challenge Prizes Skoll Awards

Sources of Capital Public Bodies and UK Government Funds Big Society Capital Big Lottery Fund Social Investment Business Social Enterprise Investment Fund (SEIF) Investment and Contract Readiness Fund (ICRF)

Intermediaries & Incubators Social Venture Intermediaries ClearlySo Investing for Good Resonance Social Finance Social Incubators Bethnal Green Ventures Young Foundation Ventures RSA Catalyst

Funds Coming Soon Cabinet Office – £10m Social Incubator Fund coming in January 2013 – Outcomes Fund RBSG Micro Finance Fund Impact Ventures UK – Berenberg/LGT Venture Philanthropy Nesta Impact Fund

Guides ClearlySo - Guide for the Ambitious Social Entrepreneur – to/ambitious-social-entrepreneur.html to/ambitious-social-entrepreneur.html Nesta – ICRF Providers – ventures/find/ ventures/find/