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What is The Crunch?
Applications for The Crunch Round 4 have now closed.
The Crunch is Social Traders’ highly successful initiative for early stage social enterprises aiming to receive investment and start trading within 12 months.
Through a six month intensive incubation process, The Crunch enterprises:
build enormous individual business capacity,
develop a rigorous business plan,
establish a network of mentor support, and
gain exposure to a range of social investors.
In its first two years, The Crunch enabled eleven new social enterprises to access over $2m in investment and start operating.
These new enterprises are delivering substantial benefits to disadvantaged individuals and communities throughout Victoria, as well as addressing pressing environmental concerns.
At the conclusion of The Crunch's current year, we anticipate up to an additional eight new enterprises will access up to a further $2m of seed capital from a range of social investors to enable them to start operating and delivering social impact.
Round 4 of The Crunch will run from March to August, 2014. Applications will close at 5pm on 4 October 2013. Successful applicants will be notified prior to the end of 2013.
Keen to know who has come before? Check out our special edition newsletter,
The Crunch: Where are they now?