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COLES $50m Grants For Food Businesses

May 3, 2015


COLES $50m Grants For Food Businesses
Supermarket giant COLES is investing $50 million dollars into small to medium Australian food businesses.
AUSVEG has welcomed the announcement from retailer Coles that it has established a $50 million Nurture Fund to help small Australian growers, manufacturers, and food and grocery producers innovate and develop their businesses.

The Coles Nurture Fund will allocate $50 million over five years in grants and interest-free loans to fund the development of new market-leading products, technologies, systems and processes. The Coles Nurture Fund is one way Coles can offer support and encouragement to small Australian businesses looking for assistance to take the next step in creating more productive and innovative ways of working. 
Coles wants to hear exciting and ambitious plans from smaller entrepreneurs about how they can deliver new and better product to customers, or about ideas for innovative business systems that will improve how they get product to market. 
To be eligible for consideration for the initial allocation of grants or interest free loans from the CNF, Coles must receive from eligible Australian entities a fully completed CNF Application Form with mandatory attachments by 5.00pm AEST on Friday 12 June 2015 either by email tonurturefund@coles.com.au or posted to the following address by this date: Coles Nurture Fund
Coles Supermarkets Australia Pty Ltd
800 Toorak Road
Hawthorn East, VIC 3213. Applicants should read the Coles Nurture Fund Application Guidelines prior to completing the Application Form.
If you are interested in applying, please send an email to FOOD STRATEGY to request a copy.
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