The QBE Foundation has introduced Catalysing Impact, a new program designed to support the accelerated growth of Australian purpose-driven businesses and impact enterprises focused on climate resilience and inclusion. This initiative aims to help these businesses grow and increase their positive impact through funding and capability development to help them secure third-party investment, a news release highlighted.
Launching in partnership with Social Impact Hub, the program provides support at various growth stages to these enterprises. Seed funding ranges from$10,000 to$400,000 to help boost the organisations’ growth initiatives. Participants would also have access to expert mentoring in impact measurement and strategic planning.
Viv Bower, group executive of corporate affairs and sustainability, said the foundation was committed to fostering partnerships that drive meaningful social change.
“Catalysing Impact is central to QBE Foundation’s objective to foster partnerships that deliver measurable impact. By providing funding and capability-building resources, the initiative aims to empower enterprises working to address climate resilience and inclusion,” she said.
“This initiative not only provides funding but also leverages the expertise of our employees, enabling us to drive meaningful, long-term change while strengthening our connection to the communities we operate in.”
Jessica Mendoza-Roth, CEO of Social Impact Hub, highlighted the initiative’s unique approach of combining grant capital with capability-building support. “The Social Impact Hub is thrilled to be partnering with QBE Foundation on this innovative initiative that combines grant capital and
capability-building support to hopefully ‘crowd in’ other forms of investment and scale impact,” she said. “If you’re looking to raise investment capital in the next six months and are addressing inclusion or climate resilience, I’d strongly encourage you to apply.”
Eligible purpose-driven businesses can apply for the initiative, with expressions of interest closing on 3 March 2025.
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