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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 capacity, develop a rigorous business plan and gain exposure to a range of social investors.
In its first two years, The Crunch enabled nine new social enterprises to access over $2.5m 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 $2.5m of seed capital from a range of social investors to enable them to start operating and delivering social impact.
When is The Crunch Round 4?
The next round of The Crunch will run from March through to August, 2014.
Applications will open 16 July 2013 and close at the end of September 2013. Successful applicants will be notified prior to the end of 2013.
Keep checking the website and social media for more details of The Crunch Round 4. You can also stay up to date with all the latest social enterprise news by subscribing to the Social Traders’ e-bulletin.
The Crunch Warm-Ups
Start preparing for The Crunch Round 4 now by registering for one of our state-based workshops. The Crunch Warm-Ups are development sessions aimed to flex and stretch the strength of your start-up idea with the help of industry experts.
Registrations for Tasmania’s social enterprise start-up workshops are open!