The Australian Government has extended the Social Enterprise Development Initiative (SEDI) Grants program for one year, with approximately $2.6 million in funding for new capability building grants for social enterprises. Impact Investing Australia (IIA) is the administrator of the grants program.

SEDI Grants help social enterprises, with a direct social benefit, grow their business, scale their impact and further their missions of creating positive social change. The grants, valued at up to $120,000 each, support social enterprises to be more effective and efficient in demonstrating and increasing social impact for the people and communities they exist to support.

SEDI First Nations Grants are also available with approximately $2.5 million in funding for new capability building grants for First Nations enterprises to strengthen their capability, expand their operations and increase their social and economic impact.

The initiative supports social enterprises across all states and territories that are delivering services to improve social and economic outcomes for individuals, families and communities experiencing disadvantage in a range of social outcome areas: View full list of the DSS outcome areas.

Funded by the Australian Government’s Department of Social Services the grants are to be used to purchase business and impact capability building services from Capability Providers, such as financial services, evaluation and impact measurement, business consulting and legal advice.