Social Enterprise Business Planning Grant (Australia)
Deadline: 5-May-23
Applicants are now invited for the Social Enterprise Business Planning Grant (Australia).
This category has two purposes:
Assist existing local social enterprises to engage professional services that can assist with the ongoing operation and sustainability of the business (such as marketing, web design, and book-keeping)
Provide funding for existing organisations or groups of individuals who are at the concept development stage of a social enterprise project and need assistance in the research, development and writing of a social enterprisebusiness plan.
Project funds for business plans can be used to engage the services of a business planning consultant, or to fund the research activities and staff time associated in writing a business plan.
Funding Information
Total funding available is shored with the Small Grants Fund ($40,000 per financial year). There is a funding cap for each application of $2,000.
Outcomes
Increasedcommunity benefit and social Impact;
Increased economic prosperity and business sustainability;
Improved business development and managementability;
Increased awareness and presence in Parramatta.
Type of Activity Supported
Engaging professional services to assist with:
The ongoing operation and sustainability of an existing social enterprise
The research, development and writing of a social enterprise business plan For business plan ideas, there must be clear evidence that there is a need and how the social enterprise activity will meet that need.
Eligibility Criteria
Applications must be from an incorporated body or have an incorporated body providing auspice until the new entity can be set up independently or from an eligible social enterprise structure.
Social Enterprises as defined in City of Parramatta’s Grants and Donations Policy are defined as having the following characteristics
Social, environmental, cultural mission / objectives core to purpose and focus;
Limited distributions of profits – the majority of profits are reinvested in the enterprise and/or an associated social entity;
Generation of a social return in addition to a financial return, and commitment to demonstrating this;
Can have a mixture of capital inputs – the enterprise is supported through a mixture of grant income/subsidised income and trading income, but must trade;
Favour democratic decision-making structuresand seek high levels of accountabilityto their stakeholders, rather than Just to shareholders.
Commercial business applications, including forsmall or micro-businesses, are not eligible for funding under this category.
For more information, visit https://cityofparramatta.nsw.gov.au/sites/council/files/2022-01/SF-version-community-grants-program-guidelines-2022-Revised-25-Jan-2022.pdf