Big Issue Invest has come together with other organisations including The Key Fund, Resonance, the School for Social Entrepreneurs (SSE) and UnLtd to deliver £18.7 million in grants, with support from CAF Venturesome, the Young Foundation and Ashoka.
The Social Enterprise Support Fund launched today and is now open for applications until Monday, 20th July. The fund will provide essential financial support between £10,000 and £300,000 to help social enterprises during Covid-19.
This has been made possible thanks to The National Lottery Community Fund, the largest funder of community activity in the UK. We welcome their recognition of the valuable contribution to our economy and society which social enterprises make, enabling a fund that will help critical businesses survive and thrive.
The fund is aimed at social enterprises 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. It is committed to inclusion, working to ensure that the grants reach groups that are led by people from BAME communities, LGBTQ+ communities, people with disabilities, and leaders with lived experience of the issues that the social enterprise is addressing.
Big Issue Invest CEO, Danyal Sattar said: “As a BAME background Chief Executive Officer of The Big Issue Invest, I personally and we as an organisation are very aware of the challenges and disparities that many vulnerable communities and individuals will experience as a result of COVID-19 pandemic. These are unprecedented times but the impacts are felt disproportionately by BAME communities and we need to support organisations reaching those hardest hit in our society.”
You can apply for the fund here
If you are unable to apply this time round, there will be another opportunity to apply over the next three months, reopening in August and we will communicate these dates nearer the time.
Thank you and good luck,
Big Issue Invest Team