Grant Background: In April 2015, Coles launched the Nurture Fund to help small to medium Australian producers, farmers and manufacturers to innovate and grow their business.
From frozen raspberries and chickpea tofu to quinoa processing and cloud technology, the Coles Nurture Fund (CNF) is supporting businesses to develop new market-leading products, technologies, systems and processes. They hope to drive differentiation, extend growing seasons, improve productivity and reduce imports.
Through the Nurture Fund, existing small to medium businesses may apply for funding to enable them to take the next step in creating value for business and customers.
$ Available: up to $500 000.00.
Eligibility: To be eligible for funding from the CNF Applicants must:
(a) have a turnover that is less than $25,000,000 per annum;
(b) employ no more than 50 full time employees (excluding casual seasonal labour);
(c) have a registered Australian Business Number;
(d) have been trading for a minimum of two years;
(e) provide audited financial statements for a minimum of the previous two financial years;
(f) provide a funding declaration from an external accountant on the accountant’s company letterhead confirming ability to fund applicant’s share of project costs and solvency.
To be eligible to apply for the Coles Nurture Fund all of the above criteria must be met.
Key Dates: Closes 20 March 2020
Link: CLICK HERE
Happy to chat if you need a hand with your application and please share this grant opportunity with anyone who may be interested. Good luck, Melanie
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