A little curly haired girl steals a glance out of a round hole in the side of rusty structure.

Social Enterprise Development & Investment Funds

Social Enterprise Development & Investment Funds were an Australian first.  The initiative established three new investment funds to provide appropriate finance to social enterprises t and enable them to increase their reach and impact.  The initiative demonstrated that Government funding could play a catalytic role in social policy by unlocking private capital for public good.

Grant funding of $20 million was leveraged by more than 1:1 by other investors in three new funds to create a total investment pool of more than $40 million.  The funds managed by Social Enterprise Finance Australia, Foresters Community Finance and Social Ventures Australia have been operating in the Australian market for 4 years providing tailored financial products, primarily loans, to social enterprises to help them purchase premises and equipment, develop new services, or expand existing services for the benefit of their communities.

Rosemary led the policy design, process to ensure value was achieved for public funds and negotiated the terms of the cornerstone Government contribution to establish the three funds.  This initiative was the subject of a case study by the Australian Public Service Commission to showcase innovative policy with a focus on cross-sector collaboration and outcomes.

Social Innovation in Government Case Studies

Woman in supermarket with children

Place-Based Impact Investment

Children’s Ground

Colorful city of Guanajuato, Mexico

Social Innovation & Investment Policy Toolbox

IMPACT-Australia

A little curly haired girl steals a glance out of a round hole in the side of rusty structure.

Social Enterprise Development & Investment Funds

woman in a dark room with blanket wrapped around her

Social Innovation in Government

Category

Impact Investment, Social Innovation in Government