Social enterprises can apply for grants to deliver their important services and grow their impact while adapting to the challenges of the COVID-19 crisis.
A new £4.75 million Fund for social enterprises in England has opened for applications. Social enterprises that are substantially reliant on trading income and have an annual turnover of between £20,000 and £2.5 million can apply.
Applications are accepted from:
The Fund particularly encourages applications from social entrepreneurs who identify as Black, Asian or from a minority ethnic background, and disabled people. The aim is for 50% of the funding to reach these typically underrepresented groups.
Grants of between £10,000 and £500,000 are available and can be used for activities such as the following:
The grants can be used to cover staff salaries, project activities, running costs, small-scale refurbishments, organisational development, contributions to fixed costs, investments in systems, investments in people, investments in infrastructure and/or dedicated capacity development.
The deadline for applications is 5pm on 13 November 2020.