IBA serves, partners and invests with Aboriginal and Torres Strait Islander people who want to own their future. They go further than provide money; they invest in people, places and ideas that can’t wait. They help make them real. They’re deeply invested in the financial success and economic independence of Indigenous Australians.
We have worked with the IBA on a few projects, the primary one being asked to identify and develop a social impact bond design to benefit indigenous communities directly. The partners were identified and a bond design submitted to government, which was then selected to enter the negotiation process. After many months of discussion, it was agreed that a pilot project would need to be implemented in order to collect the relevant health data required to benchmark the performance of a social impact bond. This process is currently under discussion with partners and funders.
- social impact bond design and financial modelling
- social impact research