Social Impact Investment for Sustainability Program launched in Victoria

Last Modified: Wed Nov 02 2016 07:14:31 GMT+0530 (India Standard Time)
  • 5,000
    approximate number of social enterprises that state of Victoria is home to. Together they employ 75,000 Victorians.
  • 28 Oct 2016
    Program launched by Minister for Energy, Environment and Climate Change Lily D’Ambrosio and will support investment-ready social enterprises to create new jobs and training opportunities, respond to climate change, avoid and recover waste and improve resource efficiency in the Victorian community.
  • $1 million
    revolving fund that will assist social enterprises to expand their operations and deliver new solutions to environmental problems. The fund will support and encourage social enterprises focused on sustainability products and services that are at that critical stage of growth beyond start-up to scale up.
  • $200,000
    maximum funding that investment-ready social enterprises can apply for as a combination grant and low interest (2.5%) loan.