Working capital grants for public hospitals in Victoria

Public hospitals across Victoria are DGR Item 1 endorsed and Health Promotion Charity (HPC) registered. That means the recoverable-grant pathway is fully open: a Public Giving Fund (formerly PuAF) can make a recoverable grant directly to the hospital, counting toward the fund's 4% minimum on first deployment (moving to 6% under the 26 Feb 2026 announcement). The capital returns to the donor pool when the hospital meets agreed milestones. For clinical equipment that drives revenue, the economics often work better as recoverable than as a one-off gift.

Need working capital for public hospitals in Victoria?

Tell us about your project. Roshan reads every submission and comes back within 48 hours.

The instrument

Charitable Working Capital Agreement (CWCA)

Bridge facility for charities — milestone-based recovery, principal returns to the donor pool when triggers are met.

How it cycles

Step 1

Funder advances

Working capital paid into the recipient's operating account at the start of the agreed cycle.

Step 2

Recipient operates

The org delivers services or programs against the contract or revenue cycle the bridge is sized to.

Step 3

Recovery returns

Voluntary contributions repay principal in milestones tied to the recipient's revenue events.

Why this audience

Why public hospitals carry this structural problem

Capital budgets are politically slow; equipment that drives clinical revenue often waits 12–24 months for state allocation.

DGR profile: DGR Item 1 endorsement plus PBI status — direct recoverable-grant pathway is fully open.

How to apply

From a brief to executed in 4–8 weeks

Step 1

Send a brief

Org name, ABN, region, what you need, rough $ amount, timeline. 5 minutes.

Step 2

Routing recommendation

We come back within 48 hours: which pathway fits, which CCT or Public Giving Fund would be a natural counterparty, and what we'd need to take it further.

Step 3

Legal architecture

We work with you and (where relevant) ABL on the legal structure. Typically 4–8 weeks from first conversation to executed agreement.

Step 4

Capital deploys

Asset is acquired or working capital is advanced. Recovery schedule begins.

Want a worked example for your situation?

Send a short brief and we'll prepare a pathway note within 48 hours.

Related pathways