The Aspire SIB Trust (being SVA Nominees Pty Ltd as the trustee of the Aspire SIB Trust) is the issuer of the Aspire SIB, and is managed by Social Ventures Australia Limited. [...] Participant engagement The third year’s enrolment group of 134 individuals reached the end of their three years of support during Year 6, bringing the proportion of the Intervention Group that has completed the Program to 75%. [...] The State Government extended the delivery of Aspire for a second time in 2023, which will enable Hutt St Centre to retain experienced Case Navigators until the end of the Aspire Program under the social impact bond funding arrangement (30 June 2024). [...] Avoided Services Taken together, the Reduction in the rate of service utilisation per annum, the Measurement Years, and the number of individuals who have completed their Aspire support determine the number of Avoided Services. [...] socialventures.com.au Aspire Social Impact Bond Investor Report 2023 15 Projected Noteholder Payments The projected Noteholder cashflows under the terms set out in the Information Memorandum and the Circulating Resolutions issued in 2020 and 2022 are included in the chart below.
- Pages
- 18
- Published in
- Australia
