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How social investment is growing its support

Chief executive of Big Society Capital Stephen Muers outlines how forgotten funds can assist with levelling up local communities.

In just a few weeks, the Government is due to announce where it will allocate nearly £1bn of new funding from what's known as the Dormant Assets scheme.

First launched more than 10 years ago, the scheme does not use money from taxpayers, but long-forgotten funds from abandoned accounts including pension and insurance policies. The aim is for this money to be channelled into ‘good causes' including charities, social enterprises and community businesses.

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