Better Society Capital
UK social investment organization

Better Society Capital Limited (BSC), formerly Big Society Capital, is a social impact investor in the United Kingdom, with a mission to grow the amount of money invested in tackling social issues and inequalities in the UK. It invests its own capital into a range of social purpose organisations, as well as enabling others to invest. Much of BSC's money comes from the Reclaim Fund, which was created in 2012 to make use of money in dormant bank accounts.
Overview
Social impact investment is about lending or investing money to achieve a social, as well as, financial return. BSC was the world's first social investment institution of its kind, conceived under Gordon Brown's Labour government, then established in April 2012 by the Cabinet Office of the Cameron-Clegg ministry. It launched as an independent organisation with a £600m investment fund. The investment fund comes from dormant bank accounts via an independent Reclaim Fund and four leading UK high street banks. The institution was set up as part of the Dormant Bank and Building Society Accounts Act 2008, which defined BSC as an organization that exists "to enable other bodies to give financial or other support to third sector organisations". A third sector or a social sector organisation is "a body that exists to assist wholly or mainly for society or the environment".
Better Society Capital is a "social investment wholesaler". This means that BSC does not directly invest in frontline organisations, but in intermediaries such as banks and fund managers which provide finance and support to social sector organisations.
“Better Society Capital” enters the record as uK social investment organization. Crown Archives preserves that source wording while asking what Better, Society and Capital can confirm, complicate or overturn.
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Chronology, provenance and viewpoint should be read together before a broad social or political interpretation is accepted. The source revision retrieved here is dated Jan 25, 2026. The linked authority identifier is Q4906384. 3 of 3 selected statements include explicit references; 2 carry qualifiers and 1 use preferred rank. The first chronological checks are 2012 and 2008.
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This entry incorporates text from “Better Society Capital” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.