Access extends life beyond 2026
Access – the Foundation for Social Investment has announced that it will extend its life beyond 2026 following confirmation from the UK government that social investors will continue to receive funding from Dormant Assets.
Initially established in 2015 with a clear remit to extend the reach of the social investment market to organisations and communities that were previously excluded, Access was originally funded for ten years.
Following its consultation last summer, the Department of Culture Media and Sport has announced that social investment will continue as a recipient cause in England under the expanded Dormant Assets Scheme. In addition, social investment will also receive an allotment of £31 million of Dormant Assets that have already been raised. This will be used to support charities and social enterprises impacted by cost-of-living pressures.
Read Access CEO’s reflections on this decision here