$100 million Commonwealth Outcomes Fund and Social Enterprise Development Initiative – critical steps to growing impact investment
Impact Investing Australia, the nation’s peak body for impact investment, welcomes the Federal Budget initiatives to address entrenched social disadvantage through impact investment, including $100 million for a Commonwealth Outcomes Fund, an $11.6 million Social Enterprise Development Initiative and a $210 million expansion over four years to expand the Emerging Markets Impact Investment Fund (EMIIF).