Supporting social enterprises in the new financial year

We are thrilled to advise that Impact Investment Ready Growth Grants will continue to be available this financial year, thanks to the extension of the Department of Social Services’ Sector Readiness Fund (SRF). We’ve made some changes to the program to provide more grants to a greater number of social enterprises. Read on to find out more.
 
We also congratulate our final round of recipients of the Resilience Grant. Impact Investing Australia is pleased to have awarded grants of up to $30,000 each to 10 additional social enterprises impacted by the COVID-19 pandemic.  
 
The Resilience Grants program is now closed. We thank all applicants for their efforts and our partnering intermediaries for their work in supporting worthy social enterprises, seeking to make a positive difference in the lives of Australians. These intermediaries are: Social Ventures Australia, Y Impact, Social Impact Hub and SEFA.
 
And we are pleased to introduce our newest team member. Read on to meet Rukmini Babu, our Social Enterprise Development Officer.

Sabina Curatolo, Acting Chief Executive Officer
Impact Investing Australia

Growth Grants available until June 2022

Impact Investing Australia is pleased to be able to offer Impact Investment Ready Growth Grants until June 2022, thanks to the extension to the Department of Social Services’ Sector Readiness Fund.

To make this possible and to provide grants to as many eligible social enterprises as possible, we’re making some changes to the program. Stay tuned for more information shortly.

We expect to host our first round for FY2021-22 in August.

Growth Grants help social enterprises prepare for the investment required to grow their businesses and scale their impact by paying for intermediary services, such as business, financial, legal and other capacity building advice.

Applications are by invitation only, so be sure to submit your Expression Of Interest as soon as possible. To find out more visit 
impactinvestingaustralia.com.
 

In case you missed it, our latest report, Paving further pathways to impact, presents the learnings and stories from our continued support for the development of Australia’s social enterprise sector over the last six years.

Meet Rukmini

Rukmini Babu is Impact Investing Australia’s Social Enterprise Development Officer.
 

Rukmini has experience working with social enterprises and not-for-profits in the areas of impact measurement and evaluation, and community capacity building. She has a passion for creating sustainable pathways to deliver transformative social impact outcomes and empowering leaders in grassroots communities to break the cycle of disadvantage.
 

“I’m thrilled to join the IIA team and look forward to supporting mission-driven enterprises as they address some of the biggest social issues we face today. Collectively, we can help deliver solutions that have a significant and lasting impact,” Rukmini said.
 

In addition to her work at IIA, Rukmini leads the impact team at Humanism Global, a social enterprise focusing on the economic empowerment of communities in poverty.

Impact Investing Australia

Impact Investing Australia is growing the market for investments that deliver measurable social and environmental benefits alongside financial returns. Our vision is that every dollar invested builds a better world. We are a member of the Global Steering Group for Impact Investment and work closely with its member countries.