Sefa congratulates Melbourne City Mission on its partnership with the Victorian Government

Sefa and Latitude Network congratulate Melbourne City Mission (MCM) on the announcement of its Partnership Addressing Disadvantage (PAD) contract with the Victorian State Government.

The ‘Living Learning’ program will significantly add to the responses available for a cohort of young people who are disengaged from school and living with mental illness.

MCM’s expertise in re-engaging with, and supporting, these young people through their independent school, the Hester Hornbrook Academy, has been recognised with this contract. It acknowledges the partnerships they are building with Government and impact investors who are backing Living Learning to succeed.

As lead advisors to MCM throughout the journey, we are excited to see the program announced and young people able to start entering the program.

Latitude Network supported MCM in its initial PAD application and program logic development as well as throughout the complex negotiations with Government, providing advice across service design, performance metrics, financial model and data use.

Sefa provided advice on blended capital structuring options, targeting foundation investors using their corpus and granting arm.

Read the Victorian Government’s media release

For more information on this innovative financing structure:

At a future date we will be running a webinar with Latitude Network and Pro Bono News to explore the investment structure for Living Learning. Please contact us to receive more information, once announced.