Press Release

Social investment arm of the Big Issue Group releases Impact Report showing support for 1.5 million people in need in UK

The report revealed that the social investment arm of The Big Issue supported 140 social enterprises across the UK and had £45 million Assets Under Management (AUM) as of 31 March 2023.The report detailed how, in turn, those 140 social enterprises were able to support 1.5 million customers across the UK in the same period. 94% of investments made by BII contribute to core solutions to poverty, extending the mission and work of the Big Issue Group.

  • Social impact investor, Big Issue Invest reports supporting 140 social enterprises across the UK with investment in 2022/23
  • In turn, these investees supported 1.5 million people across the UK
  • 94% of investments contribute to core solutions to poverty, extending the wider mission of the Big Issue Group

Today (Wednesday, 8th November) Big Issue Invest (BII) has launched its 2022-2023 Impact Report.

The report revealed that the social investment arm of The Big Issue supported 140 social enterprises across the UK and had £45 million Assets Under Management (AUM) as of 31 March 2023.

The report detailed how, in turn, those 140 social enterprises were able to support 1.5 million customers across the UK in the same period. 94% of investments made by BII contribute to core solutions to poverty, extending the mission and work of the Big Issue Group.

The organisation also reported that, of BII’s total investment portfolio, nearly two thirds of investees are based in high areas of deprivation, with almost 70% delivering impact at a local level, whether within their community, local authority or multiple local authorities, according to the UK Index of Multiple Deprivation.

As detailed in the report, 12% of investees are specifically working with persons of an ethnic minority group, marginalised gender and/or from LGBTQIA+ community.

9 out of 10 investees supported by BII have experienced improvement in their organisations’ impact as a result of BII’s support and investment.

Of the total number of investments, 14% organisations support people living in poverty and/or financial exclusion, 14% are living in precarious housing or homeless and 9% support people with mental health needs and conditions.

Danyal Sattar, CEO of Big Issue Invest, said: “Over the past year, the organisations we have been supporting have worked tirelessly to adapt and expand operations to meet the growing need for their work across the most deprived areas of the UK. This work not only improves the lives of people accessing the services, but their families, communities, and society.

“We are exceptionally grateful to all the organisations who chose to work with us during the year. In turn, we are proud to report that 79% of our investees are highly likely to recommend Big Issue Invest to others for investment in order to support people in their local communities. We remain at their service.”

Rachael Pearson Bone and Steve Booth, Directors of the Inside Academy CIC, who received £35,000 in funding in July 2023, said: “Big Issue Invest has been a pivotal support for our budding social enterprise. Michael Burns, Investment Manager at Big Issue Invest, our point of contact, upheld BII’s promise of assistance, even when we initially lacked trading experience. Over the past year, Michael stayed in touch, monitoring our progress, and advising when the time was right to apply for a loan. His dedication and guidance were invaluable, culminating in a successful application.”

For more information and to download the 2022-2023 Impact Report, please visit www.bigissue.com/invest/reports-publications.

National Vendor Week 2024

A celebration of people who are working their way out of poverty.
Vendor martin Hawes

Recommended for you

View all
Big Issue Group reports 8% increase in number of individuals supported affected by poverty
Will Payne at Better foods The Proving House, 21 Sevier Street, St Werburghs, Bristol, BS2 9LB ©Exposure Photo Agency Ltd
Press Release

Big Issue Group reports 8% increase in number of individuals supported affected by poverty

Social investment arm of the Big Issue Group opens up applications for second cohort of social enterprises in London  
Press Release

Social investment arm of the Big Issue Group opens up applications for second cohort of social enterprises in London  

Mark Porter is announced as new Chair of Big Issue Invest 
Big Issue Invest CEO, Danyal Sattar with Mark Porter, newly appointed Chair of Big Issue Invest
Press Release

Mark Porter is announced as new Chair of Big Issue Invest 

Big Issue vendors lead over 11,000 strong call for Prime Minister to End Housing Insecurity in Spring Budget 
Press Release

Big Issue vendors lead over 11,000 strong call for Prime Minister to End Housing Insecurity in Spring Budget 

Most Popular

Read All
Renters pay their landlords' buy-to-let mortgages, so they should get a share of the profits
Renters: A mortgage lender's window advertising buy-to-let products
1.

Renters pay their landlords' buy-to-let mortgages, so they should get a share of the profits

Exclusive: Disabled people are 'set up to fail' by the DWP in target-driven disability benefits system, whistleblowers reveal
Pound coins on a piece of paper with disability living allowancve
2.

Exclusive: Disabled people are 'set up to fail' by the DWP in target-driven disability benefits system, whistleblowers reveal

Here's when UK households to start receiving last cost of living payments
next dwp cost of living payment 2023
3.

Here's when UK households to start receiving last cost of living payments

Strike dates 2023: From train drivers to NHS doctors, here are the dates to know
4.

Strike dates 2023: From train drivers to NHS doctors, here are the dates to know