Theodora Hadjimichael, CEO at Responsible Finance, commented: “Micro enterprises and SMEs are already being negatively impacted by the coronavirus (COVID-19), as their workforces, sales and supply chains are all affected. As the driver of the UK… Continue reading
Archives for 2020
Year: 2020
An equal world is an enabled world: why we want to forge a gender equal world to enable women entrepreneurs to thrive!
This International Women’s Day we’re celebrating female entrepreneurship. Responsible finance providers lend to entrepreneurs who are unable to access mainstream finance; creating opportunities and supporting job creation. In 2019, 40% of responsible finance loans went to… Continue reading
Post-Brexit investment in UK SMEs is vital to ‘level-up’ the regions and increase productivity
The EU’s European Regional Development Fund has been critical to the effective regeneration of regions across the UK. Its coherence and longevity have been key to its success. EU funding and instruments have been instrumental for… Continue reading
Responsible Finance unites with MPs and industry groups to secure access to cash
Responsible Finance has united with ACS, the British Retail Consortium, Federation of Small Businesses and Positive Money to urge the Chancellor to use next week’s Budget to secure long-term access to cash across the UK. 16… Continue reading
From record-breaking athlete to zero-hours contract to founding sport social enterprise
Imagine yourself on a zero-hours contract, leaving home early in the morning to deliver a sports therapy session. By the time you’ve spent several hours traveling to the place which booked the session – at your… Continue reading
Scaling up the UK personal lending CDFI sector report welcomed
Report: How, and can, a 10x increase of operationally sustainable lending could be achieved by CDFIs in the UK within 10 years. The Carnegie UK Trust has published new research by Community Finance Solutions, University of… Continue reading
Responsible Finance responds to the BBB Small Business Finance Markets report
We welcome the latest British Business Bank Small Business Finance Markets report. Appropriate provision of small business finance is vital as the UK exits the EU and the economy adapts to the new opportunities and challenges… Continue reading
Social enterprises need access to finance to help rebalance the UK economy
In the UK 100,000 social enterprises report access to finance is a barrier to their growth and development. In response, last week Lord Victor Adebowale launched a new Commission on Social Investment to look at how… Continue reading
Responsible finance providers are a vital source of unsecured credit for low-income households
There is widespread recognition that the provision of unsecured credit is an essential service for many households to allow them to smooth the effects of fluctuating income and expenditure; responsible finance providers work to create a… Continue reading
From drugs with wrong crowd to social entrepreneur of year contender
The founder of a recording studio and music education business who was expelled from school at 15 has been named one of the most exceptional social entrepreneurs in the UK. Continue reading