The University had committed to invest £8 million in social investments for the benefit of society. A total of £6 million has been invested to date Investing in tech-for-good start-upsThe Fair By Design Fund invests in tech-for-good start-ups that are focused on reducing key aspects of the Poverty Premium. The Poverty Premium is the extra cost that each year, people in the UK on the lowest incomes pay for essentials, such as electricity, gas and insurance, due to market failures that increase the cost of these services. The University’s funding, alongside other investors, will enable Fair By Design to increase the number of start-ups they support, giving greater scope for exploring and tackling Poverty Premiums, both by deepening work on existing premiums (such as financial services and energy) and making investments in a wider range of premiums (such as food and transport). Social investments Investing for Good: The University of Edinburgh's Social Investment Fund This article was published on 2024-10-01
