Westpac Foundation Social Scale-up Grants
Announcing our 2017 Social Scale-up Grant recipients
Congratulations to CareerSeekers (NSW), Good Cycles (VIC), Soft Landing (NSW), Muru Mittigar (NSW) and Vanguard Laundry Services (QLD) – Watch their stories
Together, with our inaugural 2016 recipients; Bama Services (QLD), Green Connect (NSW), Jigsaw Business Solutions (NSW), STREAT (VIC) and The Bread & Butter Project (NSW), these ten social enterprises will create real impact. Collectively they are forecasting more than 2,000 currently unemployed people will be supported into jobs, in addition over 2,000 people will also have access to formal qualifications or valuable work experience. Read Media Release for more information
About Social Scale-up Grants
At Westpac Foundation, we are passionate about helping create more job opportunities for Australians who need it most, in particular people in our target groups. We are focused on assisting Indigenous Australians, refugees and asylum-seekers, youth-at-risk, as well as people who have experienced homelessness, domestic and family violence, mental health issues and people living with a disability.
The Social Scale-up Grant helps scale-up not-for-profit social enterprises that operate a business for the primary purpose of creating jobs and employment pathways for individuals who often face significant barriers to entering the mainstream job market or are excluded from the workforce.
In 2018, Westpac Foundation will award a total of $1.5 million to five not-for-profit social enterprises with a proven model to support people who face barriers to accessing Award-wage paying jobs, training, qualifications or work experience.
Our grant recipients will receive $300,000, over three years, to help scale-up their operations, grow their business and increase their social impact. We will also provide valuable non-financial support such as business mentoring and access to the skills and resources of the Westpac Group.
Interested in applying in 2018?
Key criteria for the Social Scale-up Grant:
- Operate a proven social enterprise model that creates Award wage paying jobs and/or employment pathways (work experience or training) for people in Westpac Foundation’s target groups
- The majority of the social enterprise’s annual income is derived from trading
- Have a robust business plan
- Employ an experienced management team
- Grant funding is needed to scale-up your business operations and social impact
- Be registered in Australia as a not-for-profit organisation and have Deductible Gift Recipient (DGR) Item 1 status
Two steps to apply for a Social Scale-up Grant, which will open in February 2018
Step 1: Complete the Self-Assessment Survey
The Self-Assessment Survey will help you determine whether your social enterprise should apply for the Social Scale-up Grant. If after completing the survey we recommend you proceed with the grant application we will email you once applications are open.
You can take the Self-Assessment Survey at any time of the year (even if applications are currently closed).
Take the Self-Assessment Survey
Step 2: Complete the Grant application
Social enterprises that answer YES to all Self-Assessment Survey questions are encouraged to apply for the Social Scale-up Grant when it opens on 1 February 2018 and register for our webinar on Friday Feb 9 (12-1pm AEST) which provides an Overview of the Social Scale-up Grant. All applications must be submitted by 5pm AEST on 5 March 2018.
Once applications close they will be assessed and up to ten social enterprises will be shortlisted and invited to submit detailed supporting documentation by early May 2018.
The detailed documentation will be subject to a full Risk and Finance review, including but not limited to: a full business plan, details of the current business model, detailed plans for scaling-up, a risk management plan and financial forecasts and assumptions for at least the three years of the Grant.
The five successful Social Scale-up Grant recipients will be decided by the Westpac Foundation Board by September 2018.
What if I complete the Self-Assessment Survey and I am not considered a strong applicant for the Social Scale-up Grant?
If after completing the survey you are not considered a strong applicant at this point in time we encourage you to consider applying again in future rounds and review other grant funding opportunities across the Westpac Group.
The Impact of our Social Scale-up Grants
By 2020, our ten Social Scale-up Social enterprises are aiming to have significant social and economic impact by creating a better future for hundreds of vulnerable Australians.