Social Enterprises can apply for grants from £10,000 to £100,000 to help get back on track. Most grants will be between £10,000 and £50,000.
The application window for round 2 is 1pm on 28 February until 1pm on 24 March 2022.
This might be the costs of getting trading back up and running, supporting outreach and marketing, supporting your costs while your business gets back to full strength, developing new markets and services etc. It can also help you work with communities that are recovering, for example, supporting people to get back to work, helping marginalised children catch up with education, supporting families who have been bereaved, providing services for people affected by long COVID etc.
For example, the grant may:
To be eligible for this fund you need to be able to answer yes to the following criteria:
Your social enterprise must have been incorporated for at least 12 months (i.e. registered with Companies House, the Financial Conduct Authority (FCA) or the Charity Commission).
An incorporated social purpose organisation with an asset lock
Annual income between £20,000 and £1.8 million
Your social enterprise must be substantially reliant on income from trading to deliver social impact. By ‘income from trading’, we mean both sales of goods and/or services and delivery of contracts to supply goods or services. We will prioritise social enterprises where income has previously come mostly through trading, and which need support to rebuild trading income to enable you to deliver your social impact.
To find out more click here