$1 Million Impact Investment Fund Opens | Pro Bono Australia

$1 Million Impact Investment Fund Opens | Pro Bono Australia.

Australian Not for Profits and social enterprises can now apply for a share in NAB’s new $1 million impact investment fund.

The NAB Impact Investment Readiness Fund, launched this week, will provide social sector organisations with targeted advice and support to help them secure investment to scale up their social or environmental impact.

Charities, social enterprises, community and voluntary organisations, social businesses, mutuals, co-operatives and businesses delivering social value are all eligible to apply for the Fund, which is a partnership between Impact Investing Australia and National Australia Bank (NAB), and was designed in consultation with The Difference Incubator.

The program will offer grants of up to $100,000 for enterprises to purchase specialised capacity building support from providers such as advisory, financial, intermediary or legal services

– See more at: http://www.probonoaustralia.com.au/news/2015/03/1-million-impact-investment-fund-opens#sthash.VKCTtj2j.dpuf

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