Investment Readiness Grant banner featuring Kiwibank and the Tindall Foundation

APPLICATIONS CLOSE: 17 AUG 2018

 

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.

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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 services that would help them become investment ready.
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 a grant would help carry out those plans.
  • 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?