By Liz Davies, Chief Executive, SociaLink/Tūhono Pāpori
You may have attended a webinar, along with about 800 others, in late November hosted by Hui E!, to which Minister Nicola Willis presented about social investment. I won’t go through the whole webinar, as a recording will be made available on the Hui E! website if you are interested, but one of the key take outs is Minister Nicola Willis wished to dispel the myth that a social impact assessment or social return on investment by the Impact Lab is required in order to access social investment funding; she was very clear that this was not the case.
She also emphasised that social investment is starting slowly, and initially is focusing internally, so it’s likely that most social service providers will not be impacted for some time. This provides time for providers to consider measuring impact and collaborative models.