SOCIAL ENTERPRISE DEVELOPMENT AND INVESTMENT FUND

- SEDIF -

SEDIF= Social Investment

no financial return below market return market return

advancing charitable purposes

GrantsRecoverable

grantsInvestment plus

Mainstream investments

Program-related investment

SEDIFexpected range

H Anheier: from Philanthropy to Social Investment

The objectives of SEDIF are to build social investment capacity in Australia

Short Term Objectives Longer Term Objectives•Provide access to capital for social enterprises;

•Support innovative approaches to achieving social change;

•Demonstrate the potential for funds which target blended returns;

•Demonstrate the capacity for greater leverage from investment.

•Build a marketplace for new social investment opportunities;

•Develop a greater understanding of the market for social investors in social enterprise and stimulate new entrants

•Support strategic capacity building and, over time, stimulate mainstream finance for social enterprises.

High

Low

Investment Risk

Social Enterprise Life Cycle

Seed Start Up Early Expansion/growth

Maturity

Finance for early ideas:small development grants,

In-kind support, modest equity Investment/

seed capital:social investor loans,

foundation grants, social venture funds

Investment funds for growth: grants,

social loans, govt loans, foundations,

commercial finance

Investing in the early growth phase of the

lifecycle of social enterprise with aim of

converting the pipeline of new innovation and supporting emerging

enterprises to grow into viable businesses

Social Enterprise Development & Investment Fund (SEDIF)

Consultation Framework:

Evidence of Equity gap

Timing

Requisite Scale

Fund Objectives

Demand

Portfolio Approach

Performance Targets

Business Support

Investment Supply

Impact Areas for investment

OverheadCosts

Consultation Framework

Involvement in the Consultation Process:

1. Utilise OnIMPACT, the Australian Social Innovation Forum to participate in online discussions, information sharing and responses to targeted questions.

2. Respond to the consultation paper via email or hardcopy.

3. LiveMeet sessions can be conducted if demand indicates this is necessary. Contact us via email.

Questions on social enterprise and social investment.

Questions on the objectives, functions and design parameters for the SEDIF.

Questions on management, governance and performance.

Main Areas we are seeking feedback on:

email: socialinnovation@deewr.gov.au

web: www.socialinclusion.gov.au/Initiatives/Pages/SupSocEnterprise

forum registration: https://projects.deewr.gov.au/Registration/Pages/Register.aspx?ProjectCode=SIC

forum login: https://projects.deewr.gov.au/SocialInnovation

CONTACT INFORMATION