$50,000 for social enterprises.
The Catalyst Grant of $50,000 aims to support an existing social enterprise or social enterprise initiative within a not-for-profit which the Westpac Foundation believe has been and continues to be a catalyst for change.
To be eligible for the Catalyst Grant applicants must meet the following criteria:
- Your social enterprise or social enterprise project must generate at least 20% of its revenue from commercial/trading activity.
- Your social enterprise initiative reflects one or more of the following areas: social inclusion, indigenous, education or individuals with a disability.
- Your organisation must be a not-for-profit with deductible gift recipient status
- Your enterprise operates/trades in Australia.
If the funding is being sought for a social enterprise initiative within a not-for-profit, the social enterprise initiative must generate at least 20% of its revenue from commercial/trading activity. For example, you may run a not-for-profit which 5 years ago set up a café. If in 2011, 20% of the café’s revenue comes from its trading activity, you will be eligible to apply.
Up to 8 Catalyst Grants of $50,000 will be given in 2012. The winners of the grant will have the opportunity of receiving an additional $50,000 grant through The Westpac Employee Choice Award.
Please ensure your organisation meets these criteria before downloading a copy of the funding guidelines (PDF 296kb) (Opens in new window).
Submit your funding submission in the required format to [email protected] by 24 February 2012.