Coles Nuture Fund 2023 Applications now open
The Coles Nurture Fund was set up to help small to medium sized businesses in Australia’s food and grocery sector to innovate and grow.
Maximum funding under the Coles Nuture Fund is $500,000 project.
Types of Projects
Projects must be unique, drive innovation and provide outstanding sustainability benefits. Key measures include:
- commercial potential;
- adoption of innovative technology;
- economic impact; and,
- level of strategic alignment with the food and grocery sector in areas such as fresh produce, food processing, grocery, energy efficiency, logistics/transport, IT and packaging.
You will also be asked to demonstrate where you can achieve productivity improvements and capture new market opportunities through additional investment.
Eligibility
To be eligible for funding from the Coles Nuture Fund, you must:
- have a turnover that is less than $25m per annum
- employ no more than 50 full time employees (excluding casual seasonal labour)
- have a registered Australian Business Number
- have been trading for a minimum of two years
- demonstrate the project is unique and drives innovation, and provides outstanding sustainability benefits
How to Apply
Applications for round 11 of the Coles Nuture Fund close at 5pm AEST 24 February 2023.
Note round 12 applications will not open till 2024.
To learn more and download the application form click here
Wayne Wanders is an experienced Business Advisor skilled in analysing business financial performance and cash flow. Wayne may also be able to assist you in preparing your grant application. Contact Wayne below for a free no obligation session.
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