Rethinking Subsidy: lessons from social investment on good growth
Policy and Advocacy Manager, Alex Bunker, looks at the lessons from social investment in using subsidy as a tool for delivering good growth
The first in a series, this report looks at the different applications of subsidy in Access’s Flexible Finance programme. Launched in 2020 and funded via the Dormant Assets Scheme, Flexible Finance is designed to offer more patient and flexible forms of capital than that available through other programmes or the wider social investment market. This particular report covers the design of funds in the Flexible Finance programme, and throughout the report data is presented which outlines the intentions and predicted deployment of the funds and the associated use of subsidy.