Expressions of Interest are now open for social enterprises and impact businesses BASED IN REGIONAL WESTERN AUSTRALIA to seek Impact Seed’s incubation and development support through our Groundswell Impact Investment Readiness Project.
Open exclusively to impact entrepreneurs and social enterprises whose primary mission is to create social and environmental impact in and for regional Western Australian communities, this program provides bespoke and practical development support, advice, mentoring and referrals that will support you on your commercialisation and impact investment pathway.
The goal of the 2021 Impact Investment Readiness Program is two fold:
1) To support regional WA social enterprises who are starting out on their journey with the necessary tools and skills to nurture their business thinking and growth,
2) To support impact entrepreneurs who have established business models and are on a growth path to develop their investment readiness through impact investment opportunities such as blended finance and the WA Impact Fund. Depending upon enterprise stage and maturity, successful applicants will receive:
Places for investment readiness support are strictly limited and will be assessed on a first-and-best qualification basis. (EOI’s are open on a rolling basis from December 2020, please allow time as EOI’s are assessed periodically). Click below to apply.
A Social Enterprise is a business that exists to deliver a measurable social, cultural or environmental impact. It derives most of its revenue from trading and it reinvests a significant proportion of its profit in furthering its mission.
Impact Investment sees investors actively seek out funding opportunities that are focused on generating actively measured social, cultural and environmental impacts, alongside a sustainable financial return. The result allows investors to sustainability contribute to their communities while meeting their investment objectives.
Types of impact investment include early or late stage funding for social enterprises, or equity/debt investment into investable impact projects in areas as diverse as housing, clean energy, regenerative agriculture, agroforestry; It can also be supported through instruments such as social procurement (mandating a target for purchasing through social enterprises, or pay for performance contracts such as social impact bonds.
This project is enabled with funding through the WA State Government’s Regional New Industries Fund, supported by Commonland, as well as community partners including Sefa, Impact Investment Group, and Spacecubed Foundation.
Impact Seed is a proud B-Corp and Western Australia’s peak market builder for impact investment, impact measurement & social enterprise. Since 2015 we have supported impact businesses, government, not-for-profits, foundations and family offices in building, articulating and investing in purpose driven businesses and projects, bridging investment and philanthropy.
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Impact Seed (ACN: 153569361)
Level 2, 3 Loftus St, Leederville
Perth, Western Australia, 6007
We acknowledge the Traditional Custodians of the lands on which we live, learn and work. We offer our respect to Elders past and present; and to all First Nations people whose sovereignty was never ceded.