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EU Announces Consultation on Promotion of Social Investment Funds

The European Union is inviting organisations and individuals to contribute to a consultation on Social Investment Funds as part of the Social Business Initiative.

The consultation seeks feedback on possible options for aiding social businesses by means of investments from private individuals channelled through investment funds. Investment funds are an established mechanism for matching investors and those seeking investments, and could help social businesses get funding. Some initial feedback on the Single Market Act has suggested certain barriers to funding social businesses in this way might exist, because of the nature of these businesses, and possibly because of existing rules applying to those running funds. The consultation outlines some of the issues and asks for input on possible next steps.



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