Coles Nurture Fund

oles launched the $50 million Nurture Fund in 2015 to help Australian producers innovate and grow. Since then, we have awarded more than $40 million in financial support to 119 small and medium sized businesses.

The latest round of Coles Nurture Fund recipients have been awarded grants to turn innovative ideas into real solutions including micro-bat vineyards, cyclone-proof food lockers, virtual livestock fences and local coffee bean production.

Australian producers can apply for a grant of up to $500,000 to help them develop unique products, technologies and processes.

Applications for Round 14 are now open and will close Friday, 13 February at 5pm AEDT.

Provides funding to Australian producers to help them develop new market-leading products, technologies and processes.

To be eligible for funding from the CNF Applicants must:
- Have a turnover that is less than $25,000,000 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
- Provide audited financial statements for a minimum of the previous two financial years
- Provide a funding declaration from an external accountant on the accountant’s company letterhead confirming ability to fund applicant’s share of project costs and solvency.