Fondo de Impacto Social (FIS) has invested 15m into the Global Social Impact Fund II (GSIF Spain) GSIF Spain supports SME's contributing to the economic and social inclusion of vulnerable communities in Spain.
More than 60% of impact funds in Spain today are environmental or climate change-related funds.
FIS was also impressed with the fund's focus on mentoring start-ups.
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The Larder Cook School in West Lothian is a social enterprise that trains young people for a career in the food business. Recently, the school has launched a crowdfunder to help it teach another 80 students a year.