Queensland Treasury has established the Impact Revenue Investments Assessment Panel to help guide investment decisions for its first product, Impact Revenue Investments, under the $80 million Social Entrepreneurs Fund (SEF). The purpose of the Social Entrepreneurs Fund is to identify and amplify social enterprise and impact investment opportunities to improve the lives of Queenslanders.
The panel brings together experts in finance, investment, and the social enterprise sector to evaluate opportunities where financial sustainability and social impact go hand in hand. Its role is to help ensure that funding support is directed towards enterprises that generate meaningful outcomes for Queensland communities while building long-term resilience in the sector
Among the panel members is Kenton Veasey, Senior Investment Analyst at First Australians Capital (FAC). Kenton brings extensive experience in Australian equities and investment strategy, with over seven years at First Sentier Investors prior to joining FAC. His background in equity research, portfolio analysis, and commercial viability assessment equips him to contribute valuable insight to the panel’s decision-making.
Reflecting on his appointment, Kenton said: “I am honoured to participate as a member of the Impact Revenue Investments Assessment Panel operating under Queensland Treasury’s SEF. In this role, I bring both an investment-strategy perspective and First Nations insight to help shape decisions that support sustainable social enterprise growth and deliver tangible outcomes for Queensland communities.”
The Impact Revenue Investments program is an innovative Queensland Government initiative supporting social enterprises to create meaningful social change. As a foundational measure under the SEF, the program provides revenue incentives to help eligible organisations scale, grow sustainably and amplify their social impact.
The program provides up to $200,000 over two years, including a $30,000 upfront payment in year one and additional payments tied to trading revenue growth—$4 for every $10 growth in year one (capped at $100,000, inclusive of the upfront payment) and $2 for every $10 growth in year two (capped at $100,000). Funding is flexible, supporting both operational and capital expenses, with structured peer-to-peer learning also offered to help organisations succeed.
Learn more about the Queensland Government’s Social impact investing [link to: Social impact investing – QLD Treasury] initiative.
