Next Chapter Innovation partners will have access to grants of $50,000, $100,000 or $200,000 plus executive support and mentoring, access to a think tank to leverage corporate expertise, and involvement in an inaugural conference to be hosted by CommBank.
This announcement coincides with the release of the latest CommBank Community Awareness Survey which included 2,951 people living in NSW, found:
• 22% of people living in NSW have experienced financial abuse from a partner, while 19% have experienced it from a family member
• 20% know or suspect someone they know is currently experiencing financial abuse
The most common behaviours include:
• 44%: Used/is using all wages earned by you for household expenses, while spending their own money only on themselves
• 43%: Has hidden/is hiding assets from you
• 42%: Provided/is providing you with only an inadequate ‘allowance’
• 42%: Has destroyed, damaged or stolen something that belongs to you or a family member
• 41%: Refused/ is refusing to contribute financially to you or to your family
To be eligible to apply for Next Chapter Innovation, organisations must be Australian based and operated with services providing direct funding to Australian based programs. Applications will close on Friday, 25th August.
For any further details on Next Chapter Innovation, visit: commbank.com.au/nextchapter