The Big Society Bank

The Big Society Bank was established by the UK government to promote social investment, supporting charities, social enterprises, and community organizations. Its goal was to provide funding and financial services to help these groups grow and deliver social benefits, such as improving local services and creating jobs. The bank aimed to encourage private investment in social causes, making it easier for organizations to access capital that can generate positive social impact. It operated from 2011 until 2015, after which its functions were integrated into other funding bodies, focusing on fostering sustainable social development.