SOCIAL ENTERPRISE DEVELOPMENT AND INVESTMENT FUND - SEDIF -
SEDIF= Social Investment no financial return
Grants
below market return
market return
Program-related investment Recoverable Investment plus grants
advancing charitable purposes
H Anheier: from Philanthropy to Social Investment
SEDIF
expected range
Mainstream investments
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;
•Build a marketplace for new social investment opportunities;
•Support innovative approaches to achieving social change;
•Develop a greater understanding of the market for social investors in social enterprise and stimulate new entrants
•Demonstrate the potential for funds which target blended returns; •Demonstrate the capacity for greater leverage from investment.
•Support strategic capacity building and, over time, stimulate mainstream finance for social enterprises.
Social Enterprise Development & Investing in the early Investment Fund (SEDIF) High
Finance for early ideas: small development grants, In-kind support, modest equity
Investment/ seed capital: social investor loans, foundation grants, social venture funds
Investment Risk
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
Investment funds for growth: grants, social loans, govt loans, foundations, commercial finance
Low Seed
Start Up
Early Maturity Expansion/growth
Social Enterprise Life Cycle
Consultation Framework: Evidence of Equity gap
Performance Targets
Investment Supply
Demand
Impact Areas for investment
Consultation Framework
Fund Objectives
Business Support
Timing Overhead Costs
Portfolio Approach
Requisite Scale
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.
Main Areas we are seeking feedback on: Questions on social enterprise and social investment. Questions on the objectives, functions and design parameters for the SEDIF. Questions on management, governance and performance.
CONTACT INFORMATION 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