in nsw amity durham nsw department of premier & cabinet 3 november 2015 | nsw innovation &...
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in NSW
Amity DurhamNSW Department of Premier & Cabinet3 November 2015 | NSW Innovation & Health Symposium
WHAT IS SOCIAL IMPACT INVESTMENT?Investments made into organisations and funds with the intent to
generate social impact and financial return.
BETTER COMMUNITY OUTCOMES
GOVERNMENTSDirect funding to
services that work
INVESTORS‘Doing good’ and
‘doing well’
NOT-FOR-PROFITSAccess to capital to scale
impact
WHY SOCIAL IMPACT INVESTMENT?
PreventionShifting spend away from high cost acute services to prevention
OutcomesMeasuring and paying on outcomes
PartnershipsSharing the risks and benefits across government and non-government sectors
InnovationSetting incentives and removing input controls on services
HOW IT WORKS
Control
Intervention
Control Intervention
Positive change
Statistically reliable measure
Treatment group needs to be large enough to be statistically reliable.
Performance payments linked to measurement of control and
intervention groups.
12 mth KPI measure
24 mth KPI measure
50-75 mths End of TermKPI measure
WHAT IS NSW GOVERNMENT DOING?
UnitingCare Burnside
Social Benefit Bonds
+61 2 9228 5333
dpc.nsw.gov.au/sii
@NSWOSII
(
*
Office of Social Impact Investment
CONTACT US