2021-10-12 P&E Agenda - Item 10 - Attachment 1 - Social Return on Investment Evaluation

8.0 SROI calculations – 2020/21
Assistance to read and understand this chart:

      •      A-E:   How interim value is identified and calculated, and interim value (E)
      •      F-I:   How the interim value is moderated to calculate actual SROI value
      •      J:     Calculated SROI value attributed to Peregian Digital Hub

A                   B                           C                 D                              E               F                G              H            I                J
Focus area          Output / benefit            No. of units 1    Value or                       Interim Value   Deadweight   2   Attribution    Drop off 3   Displacement 4   Value /
                                                                  Financial proxy                                Would have       Allowing for   Extent of    Benefit taken    impact
                                                                                                                 happened         external       estimate     from
                                                                                                                 anyway           assistance/    decline at   somewhere else
                                                                                                                                  factors        12-month
                                                                                                                                                 mark

Digital Hub members ~30 members


Job creation @      New jobs                    1 x (cumulative   Value of jobs as per survey,   $3,735,000      30%              10%            5%           5%               $1,867,500
Digital Hub                                     from 41.5 x       as cumulative $
                                                jobs)
Job creation        Indirect, related           1 x multiplier    0.54 multiplier) x             $1,867,500      -                -              5%           5%               $858,820
multiplier (from    employment                  (cumulative)      $1,867m
above)
New product value   Direct investment           Cumulative,       Direct value (with             $7,810,000      66% 5, 6         5%             5%           4%               $1,562,000
created through     benefits – services, jobs   from survey       sensitivity analysis)
Digital Hub                                     results
Intended            Private investment –        12 x members      Direct value ($15K/            $180,000        20%              5%             10%          5%               $108,000
investment in       purchasing                  only (as          member)
products                                        notional
                                                number)




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