White Box Finance
Most employment-focused social enterprises have difficulties accessing the capital they need to grow.
White Box can help promising work-integrated social enterprises access and secure appropriate capital through a range of creative options.
Sustainable Employment Loan Fund (SELF)
SELF is a target $50M fund providing low-interest, start-up loans to jobs-focused social enterprises with the potential to create more than 50 jobs.
It aims to fill the gap between philanthropy and mainstream financing, unlocking “the right capital at the right time” for businesses that would otherwise struggle to reach the next stage of growth and demonstrate:
- Sustainable business models
- Established markets and/or cash flows
- Clear transition pathways to self-sufficiency
White Box will use this Fund to create one job for every $20,000 borrowed – resulting in 2000 jobs for young, overlooked and underserved Australians by 2025.