The Department’s role in overseeing the operation of the Social Enterprise Development and Investment Funds (SEDIF) initiative came to an end in July 2016 with the completion of the remaining fund manager funding agreement. Importantly, the SEDIF funds will remain in the market with their respective fund managers and will continue to be available for loans to social enterprise.
The Social Enterprise Development and Investment Funds (SEDIF) improves access to finance and support for social enterprises to help them grow their business and increase the impact of their work in their communities. Finance for Social Enterprise: The Social Enterprise Development and Investment Funds explains social enterprises and the support that the SEDIF offers.
Three SEDIF fund managers were selected to offer social enterprises finance, such as loans, and support. The SEDIF fund managers are:
Social enterprises can contact the SEDIF fund managers directly to discuss their financing needs.
The Department has released two reports about the SEDIF: