OSII is delighted to announce that a $30 million NSW Social Impact Outcomes Fund (SIOF) has been established under the 2021-2022 NSW Budget, to pilot a range of social impact investments.
The SIOF will see the NSW Government partnering with multiple social impact providers (including social enterprises) to deliver high impact programs, initially focusing on:
- advancing the social and economic wellbeing of women facing disadvantage
- improving educational and job readiness outcomes for Indigenous youth, with a particular focus on girls.
- OSII will be calling for innovative programs, with the first of the requests for proposals to be released in late 2021.
More information on this initiative will be available soon.
For more information on announcements, including opportunities for consultation and engagement with the market, interested organisations can contact us on socialimpactinvestment@treasury.nsw.gov.au.