Impact Investment Ready Growth
The Impact Investment Readiness Fund (IIRF), now the Impact Investment Ready Growth Grant, is an Australian grant initiative created to help social enterprises and mission-driven non-profits build the internal capacity needed to attract private and institutional impact capital. Launched in 2015 as a partnership between Impact Investing Australia and NAB, the fund provides targeted grants (up to $140,000) to help growth-stage enterprises pay for professional financial, legal, business planning, and impact measurement advice. Later rebranded as the Impact Investment Ready Growth Grant, the initiative expanded significantly after being selected by the Australian Department of Social Services to administer its $7 million Sector Readiness Fund.