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July 11, 2018
Social Impact Investments – Tackling Homelessness
July 12, 2018

Social Impact Investment in Aboriginal Economic Development

The Office of Social Impact Investment (OSII) on behalf of the NSW Government is seeking innovative partnerships that will invest in earlier intervention to improve social outcomes in complex issue areas. This Request for Proposal (RFP) presents an opportunity to deliver outcomes-focused programs that enhance Aboriginal economic development.

In 2017, the NSW Government endorsed a place-based investment opportunity, including in Aboriginal economic development as a priority for OSII.

Aboriginal economic development as a policy area has a strong case for SII as it aligns to the four key attributes of SII:

Outcomes: SII will enable NSW Government to build an evidence base for future policy and service settings

  • Innovation: Complex and significant challenges require new and creative policy solutions. SII is an opportunity to try, test and innovate with new approaches
  • Partnerships: Clear evidence that success in Aboriginal affairs requires NSW Government to work with people and communities. SII involves genuine co-development and community-led implementation
  • Investment: Compelling case to invest earlier and improve long-term social and economic outcomes. SII is a proven model for driving change in individual service trajectory.

As part of the 2018-19 NSW State Budget, $10 million over four years was allocated to a SII specific to Aboriginal economic development.

For further information visit the NSW Tenders website here or contact:

Matthew McLean
Phone: 9228 5333
socialimpactinvestment@dpc.nsw.gov.au

Expressions of interest close: 28 September, 2018 at 10:00am.