Impact Economy Advisory Council : Expression of Interest
Updated 16 October 2026
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Background on the Impact Economy Advisory Council
The government recognises the impact economy as a diverse ecosystem of purposeful organisations and capital, with a shared aim of delivering a strong and sustainable economy in which everyone benefits. The impact economy can include, but is not limited to:
- Impact investors, including social and institutional impact investors;
- Philanthropists, including philanthropic individuals and foundations; and
- Purpose-driven businesses, including B Corps, community businesses, co-operatives and mutuals, mainstream businesses seeking to achieve positive societal impact, social enterprises and trading charities.
This ecosystem is a substantial and growing contributor to the UK economy that is already delivering significant social and environmental benefits against the government’s top domestic priorities. It is imperative that this government works more strategically and effectively with the impact economy, so that every pound of public funding works harder to leverage greater private and public impact capital and resources, in support of national renewal. The Impact Economy Advisory Council, in conjunction with the Office for the Impact Economy as launched by the PM in December 2025, will advise on this agenda.
Expressions of interest
Thank you to everyone who has expressed interest in joining the Impact Economy Advisory Council. The application window is now closed and we are unable to accept any further expressions of interest. We have received a high volume of applications and are very grateful for the time and thought so many of you have put into yours.
Expected timelines
The Office for the Impact Economy is being moved to DCMS, and expected timelines are therefore still being worked through. Applicants will be communicated with directly in due course.