Impact 12 will deploy equity and debt to finance the development of university social ventures able to deliver a beneficial social or environmental impact.
A consortium of 12 UK universities led by Oxford University Innovation (OUI), the tech transfer subsidiary of University of Oxford, has launched Impact 12, an impact investment fund tasked with supporting university social ventures.
The vehicle has been developed by impact investor and responsible finance provider Social Investment Scotland (SIS) in partnership with University of Oxford, University of Cambridge, University of Northampton, Coventry University and eight universities comprising the MICRA Project (Aston, Birmingham, Cranfield, Keele, Leicester, Loughborough, Nottingham and…