Macquarie Group Foundation
Over the next nine months, up to 170 people living with a disability will be supported into award wage employment with one of nine jobs-focused social enterprises selected to participate in a landmark Payment By Outcomes trial. As each person achieves milestones in their employment, the social enterprise employing and supporting them will receive outcomes-based payments at 6, 12 and 18 months, as well as additional payments when an employee chooses to transition to another employer. The payments will cover the costs of the wrap-around supports these businesses provide people living with a disability such as workplace capacity building, flexible work environments, social support structures, and career support. Macquarie Group Foundation, Tripple and Hand Heart Pocket Foundation have invested to fund the upfront costs and provide working capital to get the trial underway.
Small businesses are the backbone of emerging economies in the Asia-Pacific, yet struggle to access funding and support. This problem is compounded for women entrepreneurs, who face discrimination and lack the same collateral, education and ownership rights as men. Macquarie's investment into the Good Return Impact Investment fund will finance SMEs in rural Indonesia and Cambodia, focussing on businesses which are women-led and generate jobs and income in low-income communities. The funding will also provide business skills and training and better access to markets for these businesses. The wider impact will be a more inclusive economy, where more businesses can play a role in building sustainable incomes for families, generating jobs and growing the economy.
At a minimum, our requirements are:
If your project meets all of the above criteria, please contact us via the button below.