Tuesday, 14 July, 2020
Social enterprises that are supporting people at high health risk from COVID-19, and those supporting people facing increased social and economic challenges as a result of COVID-19 are invited to apply for a new Fund, worth £18.7 million.
The funding can be used for two types of support:
Organisations must have been incorporated for at least a year and have had an annual income of between £25,000 and £1.5 million before COVID-19 to be eligible. Applications are particularly welcomed from organisations that are led by people from BAME backgrounds, people with disabilities, from the LGBTQ+ community or by people with lived experience of the issue they are seeking to resolve.
Grants of between £10,000 and £300,000 are available. However, as funding is very limited, most grants will be in the range of £10,000 to £50,000. The grants can be used to cover costs such as:
There will be three application rounds to ensure that smaller social enterprises who may take longer to get their finances together have a fair chance to bid.
Applications for the first round can be submitted until 1pm on 20 July 2020.
More information about this funding opportunity and the application process is available on the GRANTfinder funding information platform. GRANTfinder provides up-to-the minute content, insight and analysis on funding news. To find out more about how GRANTfinder can keep you in the know, and subscription fees, contact us today.