Growth Grants

Introducing: 

The Impact Investment Ready Growth Grant provides impact businesses and mission-driven organisations with grants of up to $100,000 for business, financial, legal and other capacity building support from providers to secure investment. 


The Growth Grant was originally established as Impact Investment Readiness Fund and responded to a recommendation made in Delivering on Impact (2014) to catalyse the impact investment market in Australia. 


Since its launch in March 2015, the Fund has supported 18 organisations on their journey to investment readiness under the management of Impact Investing Australia and with seed-funding from NAB, who took a leadership role to develop the market.


Under its new name Growth Grant, the initiative enters its next stage and invites broader participation of the corporate, community and philanthropic sectors in the investment readiness process of impact businesses.

$39,145,000

Capital raised by grantees

9

Successful capital raises of grantees so far

$1,360,000

Grant funds distributed

Organisations supported with grants

21

Growth Grants were created in recognition of the potential for impact investing to change the way Australia addresses social issues and the important role that access to capital can play in delivering better outcomes for people and communities. They support enterprises that are high growth, can deliver positive social outcomes and have the potential to secure capital investment.


On our journey to build a well coordinated and efficient impact investment market, Growth Grants address gaps in three key areas: Funding for organisations, deal pipeline for investors, and development of capacity builders.

Our Mission

Growth Grants enable service providers to build the capacity to specialise in advising impact businesses.

Strength for

Capacity Builders

Pipeline for

Investors

Growth Grants result in high-quality investible businesses for investors who want to mobilise their capital for impact.

Funding for Organisations

Growth Grants enable mission-driven organisations to receive the professional support they require to go from validation to investment readiness.

Previous Grantees

FUNDING RAISED

$2,600,000

GRANT AMOUNT

$100,000

Yume is an online platform where food producers, manufacturers, wholesalers and distributors can sell surplus produce that may otherwise go to landfill or be sold for little or no profit. 


Use of Grant Money

Develop the platform and seed the market place
On-board and manage suppliers and buyers 
Expand nationally across Australia

FUNDING RAISED

$700,000

GRANT AMOUNT

$31,200

Maths Pathway is a cloud-based e-learning system that transforms rather than tweaks 

the way that maths is taught.


Use of Grant Money

Payment to provider for corporate advisory advice
Creation of investor memorandum
Engagement of potential investors

FUNDING RAISED

$21,600,000

GRANT AMOUNT

$75,000

Ethical Property Australia creates the spaces social impact organisations need to make a difference including raising impact investment to purchase and refurbish properties, pre-purchase due diligence and asset management and property management services.


Use of Grant Money

Support from the DifferenceIncubator to facilitate sessions with prospective tenants
Develop, test and refine business, financial and operational models
Payment of strategy and business development work

FUNDING RAISED

$2,190,000

GRANT AMOUNT

$71,500

Vanguard Laundry Services (VLS) is a startup social enterprise laundry backed by Toowoomba Clubhouse and Social Ventures Australia, focusing on employing people living with mental health issues in Toowoomba.


Use of Grant Money

Payment for financial and business model, key strategic decisions, business planning 
Setting up initial customer contracts
Legal services

FUNDING RAISED

$3,000,000

GRANT AMOUNT

$100,000

The Water and Carbon Group (WCG) designs, builds and operates waste water infrastructure specialising in lower cost, low energy dependent solutions servicing government and private clients nationally.


Use of Grant Money

Payment of commercial and financial advisory services including risk assessment, financial model and investor memorandum

This website is managed by Impact Investing Australia

Level 13, 114 William Street

Melbourne Victoria 3000

Telephone: 0478 544 523

Email: admin@impactinvestingaustralia.com



The Impact Investment Ready Growth Grant is managed by Impact Investing Australia. The Impact Investment Ready Discovery Grant is managed by Philanthropy Australia

Growth Grant 

This website is managed by Impact Investing Australia

Level 13, 114 William Street

Melbourne Victoria 3000

Telephone: 1300 605 449 (tollfree)

Email: admin@impactinvestingaustralia.com

The Impact Investment Ready Growth Grant is managed by:












Grant decisions are made by an independent expert panel:

Who We Are

Independent Advisor on Impact Investing

Fiona Rowland

Good Shepherd Microfinance

Corinne Proske

National Australia Bank (NAB)

Impact Investing Australia

Katherine Leong

Daniel Madhavan

Fiona Rowland
Katherine Leong
Corinne Proske
Daniel Madhavan