If the third sector is to continue to grow and meet its goal of supporting marginalised communities in a way that neither the state nor the private sector can, it urgently needs greater investment and professional support.
Suitable capital should be available for organisations at all stages of development, from charities without trading revenue all the way to social enterprises that reinvest some or all of their profits in their mission and commercial businesses with a social purpose.
An independent Social Investment Bank should be created using the capital from dormant accounts to develop the social investment market on a scale that can support the UK’s vibrant and diverse but undercapitalised third sector, including social enterprise, community development and voluntary organisations.
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