Social Enterprise Business Planning Grant Program in Australia

Deadline: 2-Feb-22

The City of Parramatta Council is seeking applications for the Social Enterprise Business Planning Grant.

Categories

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 enterprise business plan.

Funding Information

• $40,000 is allocated to the Small Grants Fund and the Social Enterprise Business Planning Grant.
• The maximum funding available in this category is $2,000. City of Parramatta Council will only fund one application over a calendar year, regardless of the number of applications received from an organisation.

Outcomes

• Increased community benefit and social impact;
• Increased economic prosperity and business sustainability;
• Improved business development and management ability;
• Increased awareness and presence in Parramatta.

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 structures and seek high levels of accountability to their stakeholders, rather than just to shareholders.

For more information, visit https://www.cityofparramatta.nsw.gov.au/community/grants/community-grants-program/social-enterprise-business-planning-grant