Thursday, May 3, 2012
Prime Minister David Cameron launched the £600m Big Society Capital fund to a mixed response. Experts welcomed the funding boost to the social investment market but cautioned against seeing it as an immediate solution to the variety of funding problems facing civil society organisations.
Friday, November 11, 2011
Financial Times former editor Sir Richard Lambert has been announced as chair of the Big Society Trust, which will oversee Big Society Capital’s activities so as to ensure that it stays true to its mission.
Thursday, October 20, 2011
Minister for Civil Society Nick Hurd sent an open letter to the voluntary sector last week, setting out the government's objectives for the Big Society. He said: "The Big Society vision is based on the argument that we have given too much power and responsibility to government and have too little to show for it . . . We believe that the country will be stronger if we as citizens have more power and responsibility to improve our own lives, the communities we share and the public services we use."
Friday, July 29, 2011
Professor Cathy Pharoah, of the Centre for Charitable Gving and Philanthropy addressed how philanthropists might engage with Big Society at the Southwark Forum on 23rd June based on her paper Private Giving and Philanthropy - their place in Big Society.
Monday, June 20, 2011
The creation of the Big Society Bank, which will act as an engine for the nascent social investment market, could be delayed until next year.
Sir Ronald Cohen, independent adviser to the Cabinet Office on the Big Society Bank announced the delay to MPs at a Public Administration Select Committee (PASC) meeting, explaining that the government is still trying to secure exemption from EU state aid control that aims to ensure government interventions do not harm competitiveness of EU companies.
Thursday, May 19, 2011
On 9 May the Big Society Bank took a significant step as Francis Maude, Minister for the Cabinet Office,endorsed outline proposals for its development by Independent Advisors Sir Ronald Cohen and Nick O’Donohoe. He also announced the formation of an Investment Committee comprising six experts in social and financial investment to “provide support to social investment organisations enabling them to increase their capability”. The Committee members are: