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Journal article

Funding their vision: social purpose organisations share their stories

Government grants Social enterprise Social impact Social impact investing Australia

Leaders from four social purpose organisations describe their experience of impact investing as a source of funding for their project or organisation.

  • Glenview Community Services, a non-profit aged care operator in Hobart which is embarking on a transformative dementia care project;
  • Nightingale Housing, a social purpose organisation bringing a new model of financially sustainable, affordable housing;
  • The Integrated Medical Centre, a social enterprise run by cohealth – a non-profit community health organisation based in Melbourne; and
  • Ability Enterprises, a Toowoomba-based social enterprise providing jobs for people with mental health issues.

They describe how impact investing can bring much more to the table than simply the provision of capital. Additional benefits include financiers who support your vision; values and mission alignment; strategic and business insights; assistance with the implementation of new, robust reporting systems; and advice on increasing the impact of the investment.

Impact investing capital can also be more flexible than mainstream capital sources with flexible terms, longer financing periods and adaptable repayment schedules.

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