SII checklist
Is your program suitable to be funded as a social impact investment (SII)? These considerations will help you determine if your program is suitable.
For a program to be suitable for SII funding, it should:
1
Focus on a complex social issue
Does your program address a complex social issue?
2
Complement existing government support
Does your program address an unmet need, support target clients who are not currently accessing government funded services or provide services additional to those that government is currently funding?
3
Be capable of robust measurement
- Does your program have a clear target cohort and measurable outcomes?
- Are there methods and datasets available for selecting participants and measuring outcomes in a transparent, objective and repeatable way?
- Can a baseline be established?
4
Provide value for money for NSW residents and government
- Is your program focused on early intervention and/or prevention?
- Will achieving the outcomes deliver measurable benefits to NSW Government in terms of savings (reduced or avoided costs)?
5
Establish an evidence base to better understand how to address social issues
- Is your program testing a new approach or service model in NSW?
- Will a social impact investment in this policy area develop an evidence-base for future government service delivery and policy reform?
If your program meets this criteria, find out the steps to develop a SII proposal.