Grants up to £50K for organisations (charities, social enterprises, community businesses etc.) that employ people from vulnerable/disadvantaged groups who have lost income due to Covid-19
Not-for-profit organisations that employ people from vulnerable or disadvantage groups and have suffered a loss of trading income due to the coronavirus (COVID-19) pandemic have one week to apply for a grant.
In response to the coronavirus/COVID-19 pandemic, Social & Community Capital has launched a £1 million Coronavirus Response Fund to provide some support for social enterprises, charities and other not-for-profit organisations across the UK that employ people from vulnerable or disadvantaged groups.
The funding aims to bridge the income gap so that organisations survive the crisis and continue to have a positive impact in their communities. Grants can be used to fund usual business activities or help to adapt their delivery model to coronavirus constraints. These grants are unrestricted and can be used for any purpose, including core costs. A total of £1 million is being made available with one-off unrestricted grants of between £5,000 and £50,000. The grant must not exceed 25% of the organisation's annual turnover or £50,000. Applications will be considered from organisations with the following legal structures: Community Interest Company (CIC), Company Limited by Guarantee, Community Benefit Society, Co-operative Society, Unincorporated association, Charitable Incorporated Organisation (CIO), Charitable Trusts, Registered Charity.
Organisations are encouraged to submit their application as soon as they can. Applications are open until midday on Monday 29 June 2020. Details at: https://www.business.natwest.com/business/loans-and-finance/social-and-community-capital/coronavirus-response-fund.html