Impact CollectiveImpact CollectiveImpact CollectiveImpact Collective
  • Home
  • 2022 Program Launch
  • FAQ
  • Investor Info
  • Seeking Investment
  • Sharing Knowledge
  • About

Seeking Investment

    Home Seeking Investment

    Impact Collective was launched pre-Covid in 2019 as a not-for-profit led impact investment initiative for social enterprises.  It was a first for WA with collaboration and investment to addressing social and sustainability challenges through impact investing into innovative enterprise models.

    Founding members Chorus, Rise and Ruah Community Services worked closely with social entrepreneurs in the first round, and a leveraged investment of $1.5M was made by Impact Collective together with Sefa and Impact Seed into Aboriginal social enterprise, Kardan Construction, to help scale their impact in creating employment pathways and jobs for people experiencing vulnerability and disadvantage into the construction sector

    Impact Collective received funding from Lotterywest in 2021 to continue its work with impact ventures, and to share tools, templates and lessons from its work more broadly across the WA community services sector, and we are thrilled to launch our second round Expressions of Interest for social enterprises seeking partnerships and investment.

    The Impact Collective uses a 3 phase process to mobilise its resources and support social enterprise development in WA:

    Phase 1- Attract: We seek interested entrepreneurs and change-makers through an expressions of interest (EOI) process.

    Phase 2- Validate: Successful expressions work with Impact Seed to validate, strengthen and prepare their ideas for potential investment and/or support from the Impact Collective.

    Phase 3- Invest: The Impact Collective chooses successful social enterprises from the validation phase for financial investment and on-going support.

    The upheaval brought by COVID through 2020 has seen unprecedented demand for support services provided by the not for profit community services sector with many hundreds of thousands of West Australians experiencing vulnerability and disadvantage accessing these services last year. The sector, which employs over 120,000 West Australians in this vital work, is under immense pressure to explore innovative solutions to increased service demand amid funding constraints.  The unfolding negative socioeconomic repercussions of COVID has catalysed community demand for a new approach to build back better.

    As such, Impact Collective is focussing on supporting impact ventures tackling serious issues which have been exacerbated by the global pandemic, and are facing WA communities, such as the rise in Family and Domestic Violence, the lack of transportation options for older people and people with disabilities, the reported increase in loneliness across the community, as well as upskilling the not-for-profit workforce to respond to the changing needs of the industry.

    If you have an impact venture working in any of these areas, or responding in some way to the global pandemic, we want to hear from you!

    Have a look at our FAQs (link) for further information.

    What’s in it for you?

    • Practical one on one and group design, innovation and development support towards commercialisation and investment readiness
    • Business modelling, governance, market validation, impact strategy and measurement
    • Access to WA leaders and mentors
    • Toolkits, resources and engagement frameworks
    • Potential access investment to grow your social enterprise from one of the IC members

    To submit an EOI in the current open round, please click here.

     

    About Impact Collective

    Impact Collective is a WA first collaboration between NFP community service organisations to use our balance sheets to extend our social impact in the WA community.
    Impact Collective was launched pre-Covid in 2019 as a not-for-profit led impact investment initiative for social enterprises. It was a first for WA with collaboration and investment to addressing social and sustainability challenges through impact investing into innovative enterprise models.

    Impact Collective’s current members include Chorus, Rise , Ruah Community Services, Alinea, Mercycare, Avivo, Palmerston and Good Sammy

    About

    A partnership between:
    Chorus
    Rise Network
    Ruah Community Services
    Alinea
    W: www.impactcollective.org.au

    Impact Collective | a partnership between Chorus, Rise & Ruah Community Services | Copyright 2018
    • 2022 Expressions of Interest for Impact Collective Investment Now Open
    • About Impact Collective
    • Australian-first NFP Partnership for Impact Investment supported by Lotterywest
    • FAQ
    • Information for Investors
    • Launch of WA Impact Investment Partnership
    • Seeking Investment
    • Sharing our Knowledge
    • Impact Collective
    Impact Collective