Good 360
MEDIA, JOBS & RESOURCES FOR THE COMMON GOOD
NEWS  |  Finance

Social Enterprise ‘Kickstarter’ Funding Program Opens


Wednesday, 7th June 2017 at 5:06 pm
Lina Caneva, Editor
A business planning competition and small grants program called Kickstarter, funded by the Macquarie Group Foundation for early stage social ventures and run by not-for-profit organisation SEFA Partnerships, is open for applications.


Wednesday, 7th June 2017
at 5:06 pm
Lina Caneva, Editor


0 Comments


FREE SOCIAL
SECTOR NEWS

 Print
Social Enterprise ‘Kickstarter’ Funding Program Opens
Wednesday, 7th June 2017 at 5:06 pm

A business planning competition and small grants program called Kickstarter, funded by the Macquarie Group Foundation for early stage social ventures and run by not-for-profit organisation SEFA Partnerships, is open for applications.

Designed to build the capacity of early stage social ventures through the development of robust and tested business plans, professional mentoring and small grant funding, Kickstarter awards six $10,000 grants annually to eligible social enterprises as part of a two-stage process.

Stage one is an initial application with a short pitch to a judging panel; and stage two is a 12-week business plan development phase involving mentor support by a small team of Macquarie directors.

In 2017, Kickstarter will include two rounds ( February to July and June to December).

SEFA said each round would consist of 12 finalists who will be mentored through the production and submission of their business plan, each round awarding three $10,000 grants.

“The program has supported the likes of Hello Sunday Morning, Clickability, Words with Heart and Batyr in their early stages and has recently been opened up across Australia,” SEFA program manager Hannah Miller said.

She said the free program was looking for innovative start up ventures that address an unmet social or community need; and/or creates a new model or way of meeting that need.

“Applicants need to have an innovative social venture either at pilot or start-up phase that has preferably not received more than $25,000 in funding and can demonstrate at least 25 per cent of the venture’s revenue will be derived from trading income,” Miller said.

Jamie Moore from Hello Sunday Morning said Kickstarter was a “great boost” to their organisation.

“Of course the money was great, but more than that Macquarie has been supportive in terms of resources and mentoring,” Moore said.

“From day one my mentor challenged me to see our business model in a different way and her passion for what we did meant that I listened.”

Applications close 30 June 2017. Shortlisted applicants will be notified on 7 July.


Lina Caneva  |  Editor |  @ProBonoNews

Lina Caneva has been a journalist for more than 35 years, and Editor of Pro Bono Australia News since it was founded in 2000.

FEATURED SUPPLIERS


NGO Recruitment is Australia’s not-for-profit sector recru...

NGO Recruitment

...


Helping the helpers fund their mission…...

FrontStream Pty Ltd (FrontStream AsiaPacific)

HLB Mann Judd is a specialist Accounting and Advisory firm t...

HLB Mann Judd

More Suppliers

Get more stories like this

FREE SOCIAL
SECTOR NEWS

YOU MAY ALSO LIKE

Job Creation Facilitated Through Social Enterprise Procurement

Luke Michael

Thursday, 9th November 2017 at 2:23 pm

Social Enterprise Rallies Army of Burrito Lovers to Fight World Hunger

Wendy Williams

Wednesday, 1st November 2017 at 8:53 am

‘Helping a Sister’ Restore Dignity

Wendy Williams

Wednesday, 1st November 2017 at 8:16 am

Online Reporting Tool For Social Enterprises

Lina Caneva

Friday, 27th October 2017 at 12:14 pm

POPULAR

Red Cross Moves to Wage-Based Fundraising Model

Lina Caneva

Thursday, 16th November 2017 at 8:30 am

Concerns Raised Over New ACNC Board Appointments

Luke Michael

Monday, 20th November 2017 at 2:28 pm

New Same-Sex Marriage Bill Looks to Protect Faith-Based Charities

Luke Michael

Monday, 13th November 2017 at 5:25 pm

Adelaide at the Vanguard of Ending Street Homelessness Globally

Wendy Williams

Tuesday, 21st November 2017 at 8:43 am

Write a Reply or Comment

Your email address will not be published. Required fields are marked *


Good 360
pba inverse logo
Subscribe Twitter Facebook

The social sector's most essential news coverage. Delivered free to your inbox every Tuesday and Thursday morning.

You have Successfully Subscribed!