Government to fund social return standard

By Helen Warrell, Third Sector Online, 6 May 2008

The Government is to spend about £350,000 on developing a standard for measuring social return on investment, third sector minister Phil Hope will announce today.

The project will help charities and social enterprises prove their social value to potential public service or private investors, said Hope, speaking to Third Sector before his announcement at today’s Good Deals conference on social investment. The three-year funding will be used on events and research intended to develop “greater...

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