Featured Cruncher
The Crunch is Social Traders' social enterprise development support and investment initiative, now in its third year.
The Crunch provides an opportunity to turn a social enterprise idea into reality.
Crunch participants are guided through a rigorous business planning process developed specially for social enterprise. The Crunch is also an opportunity to pitch for investment, once the business plan is complete.
The Crunch is based on the highly successful Spark Challenge from the United Kingdom and adopts a similar combination of capacity building and investment.
The Crunch takes selected participants through a challenging business planning process. Selected social enterprises are paired with business mentors from leading Australian corporations and MBA students from Melbourne Business School. All participants will work on their social enterprise idea by participating in a total of five workshops, commencing in late September. The workshops cover a number of topics including industry and market research, business forecasting, feasibility assessment, and business planning writing and pitching.
Victorian Crunch participants are also provided with $10,000 to assist with the resource burden of the intensive 6-month Crunch process. Tasmanian participants also receive financial support to assist with their Crunch journey. This initial financial support does not have to be repaid. More information about this initial investment can be found in the FAQ.
Beyond this initial financial contribution, being part of The Crunch is no guarantee of financing. Out of the nine Crunch Enterprises in 2010, five received investment offers from Social Traders’ Social Enterprise Development Fund. However, being selected for The Crunch does guarantee you the opportunity to test and develop your idea so that you can attract funding more successfully.
For complete details, refer to the rest of this website and The Crunch 2012 Terms and Conditions.