The Social Enterprise Support Fund will provide essential financial support to help social enterprises in England to rebuild and grow their income from trading, following the impact of Covid-19. The fund is focused on social enterprises supporting people facing increased social and economic challenges as a result of the pandemic. The Fund will support them in evolving and growing sustainable community services, in the face of ongoing disruption.
The Social Enterprise Support Fund is a two-year project, again being delivered by five social enterprises support agencies: Big Issue Invest, Key Fund, Resonance, the School for Social Entrepreneurs (SSE) and UnLtd, in partnership with The National Lottery Community Fund.
They will jointly deliver £16.3m in grants of between £10,000 and £100,000 to help social enterprises achieve these aims. Most grants will be between £10,000 and £50,000.
Part of the funding can be used to fund external consultancy and business support. Grantees will also be offered two one-to-one support surgeries with our social enterprise advisors and signposting to support services.
Priorities
Grants will be made to social enterprises which:
- Reach the most marginalised communities and promote inclusion
- Support social enterprises to recover
- Support communities to recover
Eligibility criteria
- In England
- At least one year old
- An incorporated social purpose organisation with an asset lock
- Annual income between £20,000 and £1.8 million
- Substantially reliant on income from trading
- Financially resilient
- Dual authority bank account
Deadline: 24 March 2022, 1pm