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Sage Foundation’s Enterprise Fund releases new funding to help back the brightest new ideas from non-profits around the world.

09 November 2017

Sage Foundation Enterprise Fund

Sydney, November 9th 2017 – Sage, the market leader in cloud business management solutions, has today launched the second round of funding from Sage Foundation’s Enterprise Fund. The fund supports the creation of either new or piloted entrepreneurial programmes to help improve the lives of military veterans, young people or women and girls in Sage’s local communities.

After awarding US$500,000, through more than 30 grants, across 15 Sage countries earlier in 2017, the next wave of US$500,000 will be open until November 28; a limited number of grants between $10,000 - $25,000 will then be awarded to successful applicants.   

The first round of grants made earlier this year is already helping two Australian non-profits to pursue projects that would not otherwise be possible.

The Western Australian Men's Shed Association is using its grant to help develop programs to assist younger military veterans while The Funding Network (TFN) is delivering pitch-coaching workshops for small non-profits that support women and girls. These workshops are equipping the participants with the skills, structure and techniques they need to tell their stories and raise incremental funds.

“We have a number of Vietnam war veterans who are active members, but relatively few members from more recent conflicts such as Afghanistan, Iraq or other peace keeping operations.  Membership of a Men’s Shed has a proven positive impact on men’s health and wellbeing and can assist veterans to return to civilian life.  Without the Sage Foundation grant this project could not be undertaken,” said Gary Bryant, Executive Officer Western Australian Men's Shed Association.

"Grant funding opportunities for sector capacity-building are few and far between. The Funding Network (TFN)was honoured to receive a grant from Sage Foundation, enabling us to deliver pitch-coaching workshops in Sydney and Melbourne for small no-profits that support women and girls. This type of corporate grant funding is integrated CSR at its best and TFN is proud to be involved. Thank you SAGE," Said Tom Hull, General Manager, The Funding Network. 

Every day, across Australia, inspiring non-profit leaders, volunteers and their supporters are working tirelessly to make their communities better places to live. Sage Foundation’s Enterprise Fund has been designed to support small non-profits with exceptional, original ideas on the brink of delivering real change, take a bold step forward when they are unable to make their idea a reality due to lack of funds.

Sage Foundation is committed to helping small, frontline organisations. Therefore, the fund is only open to organisations with an income that is less than US$2M, and for projects or initiatives that have been operational for two years or less.

Sage Foundation is especially keen to support organisations that have ambitions to expand, grow and deliver sustainable change. It is also hoped that the fund will support traditionally hard to fundraise needs such as; capital projects and core running costs.

“Non-profit organisations survive and thrive thanks to the dedication of staff and volunteers. But they also need funding to take action, which is why we have set up Sage Foundation’s Enterprise Fund, awarding grants to support vital local projects”, said Steve Hare, Sage’s Chief Financial Officer.

“I’ve seen small charities with really exceptional, original ideas on the brink of delivering real change. Too often all that is stopping them is access to funds to make an enterprising solution turn into reality. That’s what we are committed to supporting.”

Since January 2016, Sage Foundation has been taking action to build sustainable social, economic and entrepreneurial opportunities in Sage’s local communities around the world. By investing and supporting non-profit partners that are helping people reach their true potential,

Follow @sagefoundation for the latest from our community. 

See if you are eligible for Sage Foundation’s Enterprise Fund
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