New Impact Investment Model for Medical Research

  |   Written By by Titan Vine ON

[1] Australian Not for Profit  AUSiMED has spearheaded a venture philanthropy fund which embarks on a new model of impact investing.

[2] The launch follows after a new tax ruling for public and private ancillary funds (PuAFs and PAFs) to initiate impact investment loans without worrying of the project’s success.

[3] According to Patron of AUSiMED, and former Victorian Premier, Steve Bracks AC, this new funding model portrays Australia’s commitment towards innovation in solving social issues.

[Source] Australian Information Technology News – New Impact Investment Model for Medical Research