Welcome to Giant Leap’s Small Steps, a newsletter offering global insights and news on the impact startups landscape. We’ll be sharing a edited version with Startup Daily readers every fortnight. Giant Leap is Australia’s first impact venture fund, and they use this newsletter to surface the ideas and businesses that intrigue and inspire them and… Read more »
NAB makes impact investment into program looking to reduce prison inmates and rate of re-incarceration
NAB has announced it will help finance a program called On TRACC (Transition Reintegration and Community Connection Service) to reduce the number of inmates in prison and the rate of re-offending. This is an Australian first for social impact investment to be used to target parolees and their subsequent re-incarceration.