The case studies below provide a brief overview of some of the impact-driven organisations that have leveraged the Growth Grant to secure capital and scale their game-changing work.

Grantees - Our Champions

Hireup

$2,500,000

Capital Raise

Hireup is an online platform that enables people with disability and their families to find, engage, manage and pay for support. Hireup’s services empower over 460,000 people with disability across Australia by providing independence and freedom.

Physical Health and Disability

$70,000

Grant

Use of grant funding included:

  • Financial and legal structure of the investment
  • Business valuation and financial model
  • Preparation of the information memorandum
  • Legal documentation and key contracts
  • Roadshow and investor engagement 


Investment type: Equity

Grant leverage: 29x

Website: www.hireup.com.au

Ethical Property Australia

$26,100,000

Capital Raise

$75,000

Grant

Use of grant funding included:

  • Facilitation of sessions with prospective tenants
  • Testing and refinement of the business, financial and operational models


Grant leverage: 248x

Website: www.ethicalproperty.com.au

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.

Housing & 

Local 

Amenity

Yume

Conservation, Environment & Agriculture 

Use of grant funding included:

  • Determine the appropriate financial and legal structure of the external investment
  • Valuation of the business 
  • Preparation of a robust financial model and key social metrics
  • Preparation of the information memorandum and legal documentation


Investment type: Equity

Grant leverage: 26x

Websitewww.yumefood.com.au

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.

$100,000

Grant

$2,600,000

Capital Raise

Maths Pathway

Use of grant funding included:

  • Provider’s corporate advisory service
  • Development of the investor memorandum
  • Engagement of potential investors


Investment type: Equity

Grant leverage: 22x

Websitewww.mathspathway.com

Maths Pathway is transforming the way maths is taught via cloud-based systems. Data from the first full year inuse shows a two- to three-fold increase in the rate of student learning in mathematics, across all socioeconomic sectors.

$31,200

Grant

Early Childhood & Education

$700,000

Capital Raise

Sydney Renewable Power Company

$1,400,000

Capital Raise

Conservation, Environment & Agriculture 

$90,000

Grant

Use of grant funding included:

  • Design, implementation and administration of the public share issue (equity raising process, offer documentation, forecast investor returns, equity raising price etc.)
  • Legal advise and engagement strategy 


Investment type: Equity

Grant leverage: 16x

Website: www.sydneyrenewable.com


Sydney Renewable Power Company(SRPC) is a company established to enable Sydney residents to invest directly in renewable energy projects located within their community. The first project is a 25-year concession to finance and manage the solar photovoltaic of the new International Convention Centre (ICC) in Darling Harbour, Sydney.

Vanguard Laundry Services

$2,200,000

Capital Raise

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

Use of grant funding included:

  • Work with a commercial laundry consultant
  • Financial modelling and funders engagement
  • Contract formalization with future customers who had committed upfront
  • Legal work and preparation of further contracts with suppliers etc.


Investment type: Debt & Equity

Grant leverage: 31x

Website: www.vanguardlaundry.com.au

Employment, Training & Participation

$71,500

Grant

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

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

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