Groundswell 2022 Impact Investment Readiness Program
Expressions of Interest are now open for social enterprises and impact businesses creating impact in 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 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:
- Practical one on one development support for their social enterprises on the pathway towards commercialisation and investment readiness
- Access to Impact Seed’s social enterprise development toolkits and resources, and professional mentoring and connections through the Impact Seed network
Places are strictly limited and will be assessed on a first-and-best qualification basis.
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.