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The Growth Grant
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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.
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
Use of grant funding included:
Investment type: Equity
Grant leverage: 29x
Grant leverage: 248x
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.
Conservation, Environment & Agriculture
Grant leverage: 26x
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.
Grant leverage: 22x
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.
Early Childhood & Education
Grant leverage: 16x
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 (VLS) is a startup social enterprise laundry backed by Toowoomba Clubhouse focusing on employing people living with mental health issues in Toowoomba.
Investment type: Debt & Equity
Grant leverage: 31x
Employment, Training & Participation
Level 13, 114 William Street
Melbourne Victoria 3000
Telephone: 1300 605 449 (tollfree)
Telephone: 0478 544 523
The Impact Investment Ready Growth Grant is managed by:
Grant decisions are made by an independent expert panel:
Independent Advisor on Impact Investing
Good Shepherd Microfinance
National Australia Bank (NAB)
Impact Investing Australia