Get ready to unlock investment and grow your social enterprise
with a grant of up to $20k from a nationwide grant pool of $150k
The Impact Investment Readiness Grants are for social enterprises and impact-driven businesses on the verge of becoming even more impactful, but need a little extra support to get there. Apply for a grant of up to $20,000 to spend on professional services that will help your business get ready for investment.
Over the past two years investment readiness grant funding has helped New Zealand ventures unlock over $4 million of impact investment. Thanks to our funding partners Kiwibank, WEL Energy Trust and The Tindall Foundation there is $150,000 available nationwide.
Have a read of the information below about eligibility and how to apply. If you have any additional questions send an email to email@example.com.
Applications from the Waikato region open on August 22nd. Applications from the rest of New Zealand open on August the 26th.
Applications close on Friday September 20th, 2019.
Find out more
What do I need to apply?
In order to be eligible to apply for an Impact Investment Readiness Grant your organisation will need:
A social or environmental mission.
Established trading activities or a plan that has been tested with customers.
A strategy for growth and a need for capital to fund it.
If my application was successful, what would I receive?
A grant of up to $20,000 to purchase any professional services that will help you become investment ready.
Grant recipient organisations also receive a session with Ākina’s Impact Investing team to assess their needs and provide advice on what services they would find most valuable.
Examples of ways grants have been used in the past include paying for the costs of preparing an impact model for an Information Memorandum, producing financial projections and assistance with developing or refining business models.
What should I include in my application?
A clear and concise description of your mission and how you intend to achieve it.
A clear and concise description of how your organisation makes money.
Financial records of your trading activities for the last 12 months (if any).
A brief description of your plans for growth and how this grant would help you become investment ready.
Please note: we are only able to spend a limited time on initial application screening, so please ensure your application is concise and directly answers the questions.