Roundtable: From the Saxon settlement to the manor house - why funding the social economy is USP and not SPV

David Neaum, Julie Robin (), Ruth Stephens, Jack Wakefield, Ged Devlin, Alex Parker, Esmé Clifford Astbury, Kieron Boyle and Nigel Ball
Additional contact information
David Neaum: NPC - New Philanthropy Capital
Julie Robin: CEREGE [Poitiers] - Centre de recherche en gestion [UR 13564] - UP - Université de Poitiers = University of Poitiers, MPT [Cerege] - Management Public et Territoires [Équipe du Cerege] - CEREGE [Poitiers] - Centre de recherche en gestion [UR 13564] - UP - Université de Poitiers = University of Poitiers
Ruth Stephens: TNLCF - The National Lottery Community Fund
Jack Wakefield: SIB - Social Investment Business
Ged Devlin: Key Fund
Alex Parker: B Lab UK
Esmé Clifford Astbury: Office for the Impact Economy [UK Government]
Kieron Boyle: Impact Investing Institute
Nigel Ball: mySociety [London]

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Abstract: Earlier this year, NPC published Impact UK, the most comprehensive picture of the UK's impact economy to date. At £428bn in gross value added, roughly 15% of GDP, the sector is larger than almost anyone had previously estimated. That number matters. But it naturally led to questions about what 'counts' in the impact economy. Answering that question for the purpose of understanding scale is one thing. But it is also important when deciding what capital instruments, institutions, and policies are needed to support organisations with different financial structures. This workshop will help guide those decisions by splitting the impact economy into five distinct segments, each with their own unique financing and infrastructure needs. By distinguishing between grant-sustained charities, investable social enterprises, purpose-led businesses, co-operatives, and the commercial economy, our segmentation provides policymakers, practitioners and academics with a simple heuristic to inform how to partner with different types of organisations, and grow the positive impact of the economy.

Date: 2026-09-03
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Published in Social Outcomes Conference 2026, Government Outcomes Lab (GO Lab), University of Oxford, Sep 2026, Oxford, United Kingdom

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