Question to the Department for Digital, Culture, Media & Sport:
To ask the Secretary of State for Digital, Culture, Media and Sport, what recent assessment he has made of the effectiveness of organisations set up by the Government to provide capital to (a) social entrepreneurs, (b) community businesses and (c) voluntary organisations.
Government has not set up any such organisation. Government does provide funding to a range of independent organisations that provide capital to social entrepreneurs, community businesses and voluntary organisations, including the Social Investment Business, Bridges, Key Fund, and the Social Tech Trust.
Government continues to monitor the performance of all of this funding on an ongoing basis.