APPLICATIONS FOR 2018 ARE NOW CLOSED

 

Ākina’s Investment Readiness Grants provide social enterprises and mission-driven organisations with grants for business, financial, legal and other capacity building support from professional providers to support them in securing investment.

Following the success of our pilot programme in 2017, and thanks to the generous support of our partners The Tindall Foundation and Kiwibank, in 2018 we are able to provide grants of between $5,000 and $20,000 for support from professional services to secure investment.

Applications for 2018 have now closed, but if you’d like to hear when our next round of Investment Readiness Grants launches, make sure you register for our newsletter at the bottom of this page.
 

AUCKLAND, NEW ZEALAND - October 09: Launchpad Programme workshop #1 October 09, 2014 in Auckland, New Zealand. - The ?kina Foundation is running the Launchpad programme for the first time in 2014/15. (Photo by Mark Tantrum/ mark tantrum.com)
What do organisations need?
  • A social or environmental mission.
  • Established trading activities or a plan that has been tested with customers.
  • A strategy for growth and a need for capital to fund it.
What will organisations receive?
  • A session with Ākina’s Impact Investing team to assess their needs and provide advice on what services they would find most valuable.
  • $5-20k to purchase any professional services that would help them become investment ready.
  • Examples of ways this grant has been used in the past include paying for the preparation of an impact model for an IM, contributing to the costs of preparing an IM, and preparing financial projections to go in an IM.
What do organisations need in their application?
  • A clear and concise description of their mission and how they intend to achieve it.
  • A clear and concise description of how their organisation makes money.
  • Financial records of their trading activities for the last 12 months (if any).
  • A brief description of their plans for growth and how this grant would help you become investment ready.
  • Please note, we will only be spending 15 minutes screening each application initially, so ensure your applications are concise and directly answer the question.

The details

What is the timeline?
What is the assessment criteria?
What can the money be spent on?
I want to support these organisations, how do I get involved?
Does the money have to be paid back?
What is a social enterprise or mission-lead organisation?
What is the time commitment?
What is in it for Ākina?