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So I’m slightly late to getting around to some thoughts on this review from @peoplesbiz & the Blended Finance partnership with @SASCapital & @KeyFund 👇🏻

#socinv

1/
Conflicts out of the way - I helped set up and run both for @peoplesbiz and am at @KeyFund - so hardly an objective view! - *BUT* these partnerships have a lot of indications of the role blended finance can have for community businesses

#socinv

2/
.@peoplesbiz supported two waves of investments with the @KeyFund

24 deals agreed between, including £1.8 million in lending from Key Fund’s existing funds, alongside £1 million in grants provided by Power to Change (or quite a bit of leverage, if you prefer)

#socinv

/3
Read 12 tweets
Delighted to have @ThePubChampion chairing our roundtable about future support for #communitypubs across the UK. @vidhyaalakeson & @James_Plunkett are on hand to talk #MoreThanAPub learning & @PlunkettFoundat strategy to grow the community pub network. @peoplesbiz @mhclg
As @ThePubChampion points out the Community Ownership Fund will be a boost for #combiz initiatives such as #communitypubs... However this funding must be matched by support for organisations like @PlunkettFoundat & partners at this meeting to support the groups on the ground.
Great to hear @vidhyaalakeson talking about the critical importance of pubs in social infrastructure. The #MoreThanAPub programme, funded by @peoplesbiz over past 6 years aimed support #communitypubs to offer more for their local area. They are a "hub" of key services.
Read 26 tweets

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