21/12/2011 (Agence Europe) - Big Society Capital gets go-ahead. On Tuesday 20 December, the European Commission approved aid of up to €400 million to be provided by the United Kingdom for the creation of social investment company Big Society Capital (BSC). The object of BSC is to invest in social companies, mainly Social Investment Finance Intermediaries (SIFIs) that have difficulties in procuring affordable funding from the markets. The Commission found the measure to be in line with EU...