Applications Open for Social Enterprise Investment and Support Initiative

Social Traders have launched The Crunch, a landmark social enterprise investment and support initiative.

The Crunch provides individuals and organisations with the opportunity to develop social enterprises in a highly supported and intensive environment.

Eight to ten social entrepreneurs will be given access to training, business mentors, networking opportunities and the opportunity to ‘pitch’ for a share of a $1 million investment pool.

David Brookes, Managing Director of Social Traders, says he encourages anyone who has a great idea for a social enterprise and who has been looking for support to get it off the ground to apply for The Crunch.

The Crunch is open to individuals, community groups, Not for Profits, existing social enterprises and even for-profit companies wanting to establish a social enterprise, however this year the program is open only to Victoria based operations.

Social Traders will be hosting a number of information sessions on The Crunch between 31 May and 4 June, 2010.

Applications for The Crunch close on 7 July, 2010.

More information about The Crunch, including how to apply, can be found at www.socialtraders.com.au