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Social Enterprise Support Fund

3 Mar 2022 - 09:41 by michelle.foster

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 fundingfund 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

Apply here

Deadline: 24 March 2022, 1pm

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