Breaze Enterprise

Victorian applications for The Crunch 2012 are due on Tuesday 3rd July, 2012 by 10am.

Tasmanian applications for The Crunch 2012 are due on Thursday 26th July, 2012 by 10am.
 

 

Eligibility

To be eligible for The Crunch you may either:

1. Have an idea for a new social enterprise; or

2. Be an existing social enterprise or organisation with an idea that will take you in a significantly new direction.

You can be an individual, a community group, a not-for-profit organisation or an existing social enterprise. You can even be a for-profit company wanting to establish a social enterprise. But you must be able to show that your idea is for a social enterprise, that is:

1. Its primary reason for being is community benefit - social, environmental, cultural, economic

2. You plan to be trading goods or services to achieve your community benefit mission

3. The majority (i.e.: >50%) of the profits you generate will go back into your social enterprise and its community benefit mission (not personal profit)

The lead applicant must be at least 18 years of age and if you are successful in being selected for The Crunch you must have (or get) an ABN.

The Crunch is mainly an opportunity for social enterprises that are based in Victoria, for the benefit of Victorians. However, the Tasmanian State Government sponsors one place in The Crunch for an enterprise based in Tasmania for the benefit of Tasmanians. For more about Tasmanian applications click here.
 

What are we looking for?

Crunch enterprises are generally new or in establishment phase so we do not expect you to have a completed business plan – this is what The Crunch is all about.

Generally, we want to know that applicants can demonstrate to us, through some preliminary research and analysis that their social enterprise idea:

  • Will generate social benefit; and
  • Has a high likelihood of being commercially viable - that you have a market, a good idea of your costs and can demonstrate that the likely income is greater than these costs.

Important to remember is that The Crunch is an investment not a grant. We need to feel confident that any support that is provided has a high likelihood of contributing to a sustainable,  viable enterprise that delivers social/environmental impact.