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.
For more information (source) see >>> The Impact Investment Ready Growth Grant