Glossary

Black and Ethnic-Minoritised

This term includes individuals who belong to racial or ethnic groups that are not in the majority in a given society. It encompasses people of various backgrounds, often facing unique challenges related to race and ethnicity.

Blended Capital

Blended capital refers to combining different types of financial resources, such as grants, loans, and equity investments, to fund a project or initiative. It is a strategy that diversifies funding sources to meet specific goals.

Capacity-building

Capacity-building involves strengthening the skills, knowledge, and abilities of individuals or organisations to better achieve their objectives. It is a process of enhancing their capabilities through training and support.

Fund Managers

Fund managers are professionals or organisations responsible for overseeing and making investment decisions on behalf of investors in mutual funds, hedge funds, or other investment vehicles. They aim to maximise returns within the fund's objectives.

Grant funding

Grant funding is money provided to individuals, organisations, or projects without the expectation of repayment. It is typically awarded for specific purposes, such as research, charitable activities, or community development.

Impact Investment

Impact investment involves investing in businesses or projects that not only seek financial returns but also have a clear intention to generate positive social or environmental outcomes. It is about aligning financial goals with making a positive impact.

Intermediaries

Intermediaries are organisations or entities that connect investors or funders with projects or organisations in need of capital. They help streamline the investment process.

Racial equity

Racial equity is the concept of ensuring that people of all races have equal opportunities and are treated fairly, without discrimination based on their race. It aims to rectify historical and systemic racial disparities.

Racial Equity Scorecard

A racial equity scorecard is a tool or assessment that measures and tracks an organisation's or progress in achieving racial equity. It provides a way to gauge how well institutions are promoting fairness and inclusivity among different racial groups.

Social Investment

Social investment refers to the use of capital, typically in the form of money, to support projects, organisations, or initiatives that aim to create positive social or environmental impacts alongside financial returns. It is about investing with the goal of making a difference in society.

Wealth inequality

Wealth inequality refers to the unequal distribution of wealth, where some individuals or groups possess significantly more financial assets and resources than others. It is a measure of economic disparity.

Wholesaler

A wholesaler is a business that offers financial and support products to other businesses rather than directly to the end consumers.