SEFA:Crowdmatch combines StartSomeGoodês social enterprise crowdfunding platform with SEFAês mission to help create a stronger and more dynamic social enterprise sector using innovative lending solutions.
This is for early stage Australian social enterprises with a track record and good growth prospects.
If approved for the program you will have the opportunity to prove that there is community support for your enterprise by raising at least $25,000 on StartSomeGood to qualify for a loan of $50,000+ to fuel your growth.
To apply you’ll need to describe your progress, financials and plan for growth. You will then be considered by SEFA’s investment committee. If chosen you’ll be connected with the crowdfunding experts at StartSomeGood to set up and launch your campaign.
This program is designed to build a bridge between Australia’s emerging social entrepreneurs and the capital that exists to support the growth of social enterprises. It will:
– Help inspire greater community support through the promotion of the potential match by the enterprises running crowdfunding;
– Increase the sustainability and skills of the social enterprise by giving them access to feedback from SEFA on their business proposition and from StartSomeGood on community fundraising and marketing;
– Help more social enterprises demonstrate their credit worthiness and potential; and
– Allow more social enterprises to raise the capital they need to scale, increasing their social impact and sustainability.