Funding news

EU bank to launch €50m social investment fund in 2012 - 24 October 2011

The European Investment Bank, the bank of the EU, is intending to launch a €50m (£43m) social investment fund early next year.

The fund will seek match funding from private investors to increase the fund to €100m. The fund will carry out investment across the European Union in a similar manner to Big Society Capital in the UK.

For further information, see the Third Sector article.