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REDF Funding Opportunity Announcement

 

  • Announcement

    Starting July 30, 2018 REDF will begin accepting applications from employment-focused social enterprises based in Seattle and the surrounding King County region to join our portfolio and our Seattle Regional Partnership program. REDF is committed to building up the social enterprise ecosystem in the Seattle Region, through investment, capacity building, and network building. REDF will work with social enterprises to identify critical issues facing the region and ways for social enterprise to plug in as part of the solution. Social enterprises that are part of the Regional Partnership are expected to participate in thought partnership and regular events. Not all social enterprises that participate in the Reginal Partnership will receive grant funding, but there will be other capacity-building programming and opportunities. This specific funding opportunity is a one year grant that will build on our current investment in the Seattle region. Applications will be due August 31, 2018, and the grant period will begin January 1, 2019.  
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  • Eligibility & Selection Criteria

    This grant is exclusively for employment-focused social enterprises - double bottom line businesses that provide goods or services and employ and support individuals overcoming barriers to employment. We are seeking organizations that are aligned with REDF’s mission, demonstrate an ability to grow and improve the business and programmatic outcomes, are looking for a hands-on funding partner to help them increase their impact, and are wanting to be part of a regional social enterprise movement. Only social enterprises that meet the following requirements and outcomes will be seriously considered:

    Eligibility

    • Either a stand-alone social enterprise or under a parent agency (either for profit or nonprofit).
    • Currently employs REDF’s target population (see below), paying wages that meet local minimum wage standards through a supportive, transitional jobs model.
    • Eligible barriers:
      • History of arrest, conviction or incarceration
      • Current or history of homelessness
      • Mental illness, substance abuse
      • Opportunity youth (disconnected from both school and work)
    • Mature business and program operations, seeking further growth and improvement.
    • Located in Seattle or in the surrounding King County area.

    Criteria

    • Mission is aligned with REDF’s priority to support social enterprises that provide transitional employment for those with barriers to employment.
    • Demonstrates an interest and the capacity to be a contributing thought partner to a regional social enterprise movement.
    • Presents a clear, comprehensive and realistic growth plan that offers a compelling vision based on the demand of both the business and job market.
    • In an overall strong position – operationally and financially – and with the right support and resources, have the potential to scale employment opportunities.
    • Capable of completing all reporting activities, including but not limited to: budget to actual reporting, program data, people employed information (intake & exit surveys), Double Bottom Line financials, and monthly P&Ls.
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  • Funding Amount and Support Services

    Selected organizations are eligible to receive between $40K and $80K in grant funding. Funding amounts are determined by each organization’s capacity to hire a significant number of persons facing barriers to employment and meaningfully contribute to the sustainability of the regional partnership. In addition to grant funding, grantees will also receive technical assistance support services from REDF. Example services include helping refine the business model, generating new sales opportunities and business lines, establishing hiring and procurement relationships with other businesses, refining employee support programs and retention programs, and other key functions -- all with the goal of increasing business success and social impact.
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  • Application Timeline

    Application opens July 30
    Applications due August 31, 5pm PST
    First round reviews completed September 21
    Site visits (for finalists)* October 8-12
    Notify selected grantees* November 21
    Workplans, budgets, and agreements completed December 14
    Grant period begins January 1, 2019
    * date subject to change
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  • To Apply

    If you are interested in applying, please complete the form below and we will send you directions to access the application. Applications are due August 31, 2018 at 5 PM PST.
  • Please use the name that corresponds to your organization's W-9.