SOCIAL ENTERPRISE GRANT FUNDING – OPENS 25TH NOVEMBER

by Dave Lane | Nov 15, 2021

SOCIAL ENTERPRISE? NEED A GRANT? £10K – £100K?

We’ve just received this from our friends and colleagues at the Key Fund. The Social Enterprise Support Fund (SESF) opens soon and is for organisations to recover from COVID-19. The programme is being delivered through a partnership between The National Lottery Community Fund, Key Fund, Resonance, Big Issue Invest, Unltd & The School for Social Entrepreneurs.

ELIGIBILITY

Please see the application guidance and FAQs for full details.

Based In England
At least one year old
An incorporated social purpose organisation with an asset lock
- a clear social purpose, such as an Objects or Social Purpose clause
- a restriction on distribution of profits, to the extent that at least 51% of surpluses are reinvested for its social purpose
- an ‘asset lock‘, which is a restriction on the distribution of assets
Annual income between £20,000 and £1.8 million
Substantially reliant on income from trading
Financially resilient
Dual authority bank account

Full eligibility can be found here Funding & eligibility | SESF (socialenterprisesupportfund.org.uk)

WHEN CAN YOU APPLY?

Round 1: 1pm on Thursday 25 November 2021 to 1pm on Tuesday 21 December 2021
Round 2: 1pm on Monday 28 February 2022 to 1pm on Thursday 24 March 2022

The fund is expected to be oversubscribed, so good luck.

https://socialenterprisesupportfund.org.uk/funding-eligibility