SEDI Capability-Building Grants
Get Ready for SEDI:
Maximise Your Grant Application Success
Last year, the Australian Government announced a significant initiative to bolster the growth of the social enterprise sector. The Social Enterprise Development Initiative (SEDI) has allocated $11.6 million in funding, with capability-building grants of up to $120,000 available to eligible social enterprises.
SEDI aims to enhance the capability of social enterprises, enabling them to demonstrate and expand their social impact.
Applications will open in June 2024.
At Social Impact Hub, we're on a mission to accelerate change towards a purpose-driven world where both people and planet thrive. Since 2014, we've been helping social enterprises define and focus on the social impact they aim to achieve and develop the strategies and actions to make it happen. As the leading provider for the Impact Investment Ready Growth Grants (the predecessor to this grant program) - via which we worked with 16 enterprises and raised almost $24M -we have extensive experience helping social enterprises prepare for and secure impact investment.
Applying for grants like SEDI is usually timely and complex. That's why we're offering our expert advisory services to help you navigate this opportunity. We can work closely with you to understand your needs and provide a blend of tailored specialist advisory and education. Our goal? To work with you and help you become a financially sustainable, high-impact business.
We encourage you to get in touch with us in advance of the SEDI capability-building grants opening. Together, we can discuss your needs and increase your chances of successfully securing a grant.
Our work in action
The Bread & Butter Project
We completed four phases of work with The Bread & Butter Project to help them measure and demonstrate the impact they’ve had on the lives of their trainee bakers. This included creating their Theory of Change, telling the stories of a number of their graduates, developing an impact measurement framework and dashboard, and also producing infographics that illustrated the multi-generational impact of the program on graduates.
Taster Property
We worked with Taster to support their plan to build a social enterprise providing sustainable employment pathways and other solutions to improve the wellbeing of marginalised youth and others in Wagga Wagga and beyond. We produced a comprehensive business and implementation plan to start-up and sustainably scale this initiative.
AbilityMade
Supported by an Impact Investment Ready Growth Grant we successfully raised two rounds of impact investment for this award winning for-purpose technology start-up producing 3D printed customised Ankle Foot Orthoses (AFOs) for children with disabilities. Our multiphased work involved financial modelling, preparation of the investment case and investor documentation, competitor analysis, development of a Theory of Change and impact measurement framework and introductions to impact investors.
Other ways we can support you
Having helped our clients secure several millions of dollars of impact capital in recent years, our Impact Investment Readiness Diagnostic Tool reflects our insights into what it takes to attract impact capital.
The toolkit contains information, a template Constitution and real-world examples of legal issues faced by people creating, financing, advising on or wanting to know more about commercially sustainable ways of generating positive social outcomes.
With a focus on the business, financial, legal and internal capacity needed to grow and amplify impact, our Growth and Impact Diagnostic is designed to help your social enterprise or purpose-driven organisation identify what it needs to thrive.
On Impact Investing Hub, social enterprises can learn the fundamentals of impact investment, gain an understanding of the players in the Australian impact investing ecosystem via our ecosystem maps and list their own impact investment opportunity on our deals library.
“The input of the Social Impact Hub was critical to our ability to raise capital. At every stage these consultants were key advisors and provided practical support and the skill set necessary to make the raise happen.”
Marissa Sandler | Careseekers
