We are measuring our social impact

At SEED we welcome a new Intern, Lauretta from the University of Queensland’s Centre for Communication and Social Change.

Lauretta will be using a Social Return on Investment (SROI) study completed by Social Ventures Australia on SEED’s social impact in 2010 as a framework for a new qualitative study. She will be working alongside a Social Work student on placement at SEED to interview past and present staff using sample questions from the 2010 SROI. The aim of this piece of work is to find out what, if any, social impact employment makes to our staff especially those from a disadvantaged background, such as people with mental health issues.

The 2010 SROI used financial proxies and came up with a ratio of $1:$2.45, meaning that for every $1 invested in SEED $2.45 is created in social value. One of the proxies used in this calculation was the impact employment has on health outcomes.

SEED has grown since that study going from just a few staff to a current staff roll of 16. Many of our previous staff have gone onto other employment, training, and in one case even starting their own business.

We look forward to seeing the results of this follow up study.

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About stevewilliams1901

Social entrepreneur based in Australia.
This entry was posted in A Social Entrepreneurs Diary and tagged , , , . Bookmark the permalink.

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