The Social Enterprise Support Fund

The Social Enterprise Support Fund

The Social Enterprise Support Fund will provide essential financial support between £10,000 and £300,000 to help social enterprises during COVID-19.

Five social enterprise support agencies have come together to deliver the new fund which launches today. Big Issue Invest, The Key Fund, Resonance, the School for Social Entrepreneurs (SSE) and UnLtd will jointly deliver £18.7 million in grants, with support from CAF Venturesome, the Young Foundation and Ashoka.

This has been made possible thanks to The National Lottery Community Fund, the largest funder of community activity in the UK.

The UK’s 100,000 social enterprises have been at the heart of community survival and recovery during this crisis, from making PPE for health workers, to providing food and connection in their neighbourhoods.

The Social Enterprise Support Fund responds to an urgent need in the sector to help social enterprises change the way they work, make their spaces COVID-secure, and manage liquidity during the next six months.

The fund is aimed at social enterprises in England 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.

Vulnerable people need this support more than ever, but social ventures are struggling to make enough income to meet this need. Research shows that this crisis is disproportionately hurting

To find out more follow the below link to the Social Enterprise Support Fund Website.

https://socialenterprisesupportfund.org.uk/

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Published: July 14, 2020