The Integrated Medical Centre (TIMC) in Melbourne has been recognised at the 2014 Social Enterprise Awards, winning the Social Enterprise Investment category, along with investors Social Ventures Australia (SVA).
TIMC is a GP and allied health clinic owned by CoHealth, one of the largest community health organisations in Australia, servicing a broad area of high-growth communities across Melbourne’s northern, western and inner suburbs. CoHealth provides quality services across mental health, oral health, family violence, alcohol and other drugs, aged care and medical and integrated health services.
TIMC’s profits will be used to subsidise free and below-cost community health services offered by CoHealth. Financing for the TIMC project came from a syndicate consisting of CoHealth’s own funds, SVA through its Social Impact Fund (SIF) and Social Traders.
CoHealth CEO Lyn Morgain said ‘TIMC is very excited to win the Social Enterprise Investment award, it is great to be acknowledged as providing a progressive and innovative model of health care and we are proud of the partnerships we have formed with both Social Ventures Australia and Social Traders.’
SVA investments Ability Enterprises and Inside the Brick were also shortlisted for awards – Inside the Brick in the Social Enterprise Investment category, and Ability Enterprises in both the Social Innovation and ‘one-to-watch’ categories.
SVA has also worked closely with SEED PPM in QLD, winner of the Social Enterprise of the Year (small) category.
Other winners on the night included Clean Force, Thank you Group, 40K Foundation and City of Gold Coast.
