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Scale Investors – a national network of 100 mainly female angel investors
Funding body: Scale Investors
To equip women to become successful investors whose wealth is enhanced through connection with, investment in, and support of women entrepreneurs in early stage businesses.
Scale is a female focused angel investor network. We were founded in Melbourne in March 2013 inspired by the US based organisation Golden Seeds.
Our founding members are women, but we welcome and include men who share our vision of maximising returns by supporting early stage businesses that value gender diverse leadership.
We require companies to fulfil the following qualifying criteria to be considered by Scale Angels:
- Female founder or woman at the executive level with significant equity and influence. We believe businesses that value gender diverse leadership teams achieve higher returns.
- Raising $100,000 to $700,000 capital from Scale Angels. Typically we will lead early stage rounds with valuations of less than $2m. We will consider joining syndicates for later, larger rounds.
- A scaleable product with proprietary features or channels to market that provide barriers to entry for competition and a business model with potential to generate $20m revenues in 5 years. If the business is pre revenue, a product roadmap reflecting identified client input.
- A commitment to achieving an exit for Scale Angels via a trade sale, MBO or PE exit within 5 years and the potential to realise 10x returns for Scale Angels.
Emerging Businesses – Various Funding Opportunities
Funding body: NSW Government - Jobs for NSW
Emerging and fast-growth small to medium enterprises (SMEs) that have strong growth are the powerhouses of the NSW economy. While many new businesses start up each year in NSW, relatively few scale up to become key economic players. This is why we’re creating an ecosystem where high-potential SMEs can get the support and funding they need to reach their potential.
Accelerating Growth Loans are direct loans from Jobs for NSW for emerging fast-growth SMEs that are scaling quickly and creating jobs in NSW, but face barriers in accessing finance from traditional lenders.
Direct loans ranging from $200,000 to $500,000 are available to eligible businesses at a fixed interest rate of 9.2% for the term of the loan.
Jobs for NSW does not require the loan to be secured by personal assets such as residential property. As part of the standard terms and conditions, Jobs for NSW will place a general security over the current and future assets of the business.
Regional Growth Loans are direct, interest-free loans for emerging and fast-growth SMEs in regional NSW that are scaling quickly and creating jobs, but face barriers in accessing finance from traditional lenders.
Regional Growth Loans are for businesses who are creating jobs specifically in areas outside of Sydney, Newcastle and Wollongong.
Direct loans ranging from $200,000 to $500,000 are available to businesses with no interest payable. Jobs for NSW does not require the loan to be secured by personal assets such as residential property. As part of the standard terms and conditions, Jobs for NSW will place a general security over the current and future assets of the business.
Strategic Growth Loans are flexible, direct loans for emerging and fast-growth SMEs that are scaling quickly and creating jobs, but face barriers in accessing finance from traditional lenders.
Direct loans ranging from over $500,000 to $1,200,000 are available to businesses with flexibility in payment terms including the flexibility of multiple advances.
Loans are offered over a term of four (4) years and at an interest rate of 9.2%. Jobs for NSW does not require the loan to be secured by personal assets such as residential property. As part of the standard terms and conditions, Jobs for NSW will place a general security over the current and future assets of the business.
Loan Guarantees are offered in partnership with an Australian authorised financial institution. Jobs for NSW will act as a Guarantor for up to 50% of the loan (up to $5 million of the loan amount), for businesses who are unable to access the full quantum needed to enable business expansion.
Businesses must have revenue of $3 million or more to apply, and can be located in both regional and metropolitan NSW.
Veteran and Community Grants
Funding body: Australian Federal Government
Start date: 20/02/2018
Closing date: 28/02/2019
The objective of the Program is to maintain and improve the independence and quality of life for members of the veteran community by providing funding for projects that support activities and services to sustain or enhance health and wellbeing.
The expected outcomes of the Program are to:
- Deliver projects that are sustainable, financially viable and have an ongoing benefit for members of the veteran community;
- Deliver projects that increase opportunities for members of the veteran community, associated with social activity and community participation and/or improve health behaviours and support healthy places
Click here for more information
teach.Rural scholarship program
Funding body: NSW Department of Education
Closing date: 18/06/2018
The NSW Government has introduced a new teach.Rural scholarship program aimed at attracting more teachers to rural and remote areas across NSW.
The program is intended to allow more regional students to have access to top quality educators, and give teachers from metropolitan areas the opportunity to experience regional NSW and the benefits of rural living.
The grants will offer university students in teacher education courses a subsidy to study and a full-time job after graduation on the condition that they teach in a regional NSW public school for at least three years. In addition to the grants, recipients who achieve a credit average or above will have their HECS debt of up to $50,000 paid.
Benefits, for both new and existing teachers, vary from school to school but may include:
- rental subsidies of 50-90%
- annual retention benefits of $5,000 gross for a maximum of five years
- additional personal leave
- additional professional development days
- locality allowances
- transfer points
There are a number of destinations across Central West NSW offering special incentives for teachers, including:
- Condobolin area –encompassing Condobolin, Eubalong West, Lake Cargelligo, Tottenham and Tullibigeal
- Grenfell area –comprising Greenethorpe, Caragabal and Quandialla
- Parkes area –comprising Bogan Gate, Peak Hill, Trundle and Tullamore
The full range of Benefits and Incentives for Teachers and Executives in rural and remote NSW public schools can be found here.
Small Business Grant
Funding body: NSW Government
Start date: 01/07/2015
Closing date: 01/07/2019
The Small Business Grant is a key priority of the New South Wales Government.
The grant is designed to encourage the nearly 650,000 small businesses in New South Wales that do not pay payroll tax to hire new employees and expand their business.
The grant amount is $2,000 payable per full time equivalent position as at the anniversary date.
Bin Trim Rebates Program
Funding body: EPA NSW
Category: Business Recycling Program
Amounts: Rebates of between $1000 and $50,000 covering up to 50% of the capital cost of recycling equipment.
Eligibility: Businesses with up to 400 full time equivalent employees, and facility managers and small-scale recyclers responsible for managing the waste of small to medium-sized businesses.
Contact: 131 555 or Bintrim.firstname.lastname@example.org
Status: Applications are open
Managed by: NSW Environment Protection Authority
Aims: To increase workplace recycling, Waste Less, Recycle More provides small and medium-sized businesses with rebates covering up to 50% of the cost of small-scale, on-site recycling equipment.
How to apply: Contact a Bin Trim assessor to get a free waste assessment. The Bin Trim assessor can determine whether your business is eligible for a rebate based on the contents of your waste bin.
Minimum Viable Product NSW
Funding body: NSW Government
Minimum Viable Product (MVP) grants support promising pre-revenue startups to progress from proof of concept to a minimum viable product stage. The grants can help startups to engage with a potential business customer or channel to market and create innovative solutions that address industry needs or market gaps.
Grants of up to $25,000 is available to cover up to 50% of approved project costs.
Funding body: NSW Department of Industry
TechVouchers encourages research collaboration between NSW small-to-medium enterprises (SMEs) and Boosting Business Innovation Program (BBIP) delivery partners.
Through TechVouchers, SMEs can be connected with an expert in a relevant field of research and embark on an innovative joint research project. The program also enables access to high tech instruments and facilities that would otherwise be difficult to access.
TechVouchers will be awarded on a competitive basis to eligible NSW companies for amounts up to $15,000. All funding must be matched in cash by the SME.
Priority is given to companies that:
- have not engaged with universities or other public sector research organisations in the past
- have not been working with research organisations for more than two years
- have an existing relationship with a research organisation and can demonstrate that receiving a TechVoucher will result in transformative improvement in the existing collaboration.
Small Business Rebate – Safety
Funding body: NSW Government
The small business rebate provides a rebate to small business owners when they implement solutions for safety problems in their workplace.
Rebates of up to $500 are available when purchasing eligible safety items.
Quick Response Grants (QUICKS)
Funding body: Regional Arts NSW
Made available under the Regional Arts Fund allocation for NSW, Quick Response Grants offer funding of up to $1,500 for regional artists, arts organisations and communities to respond to unique arts opportunities that present themselves at very short notice and could not be planned for. Opportunities that have been organised by the applicant or have involved an application process will not be accepted. The program is intended to:
- support professional development opportunities for artists and arts workers involved in community programs that will increase their knowledge, skills and experience
- support skills and or arts development for individuals and groups in regional communities through the employment of arts and cultural workers to conduct workshops, seminars and forums.
Quick Response Grants are offered on a quarterly basis. There is no deadline for applications, which may be made as required, although applications are processed on a ‘first come, first served’ basis. Applicants MUST speak to the Funding Manager at Regional Arts NSW before applying (see contact details below). Decisions will be advised within 5 working days of receipt.