oowoomba Clubhouse and Social Ventures Australia (SVA). The social enterprise Laundry project will create permanent jobs for 30 people with mental illnesses and also operate an industry-linked pathways program, providing training and job opportunities for 30 people with mental illness, per year, through trusted suppliers and local businesses.
Social Ventures Australia played the role of arranger for the project, working closely with the team at Toowoomba Clubhouse to create a detailed financial model, verify the model with industry experts, determine the appropriate capital structure, and raise the capital from a combination of philanthropic and repayable sources. Westpac Foundation also worked alongside SVA to provide 75% of the required finance for the project.