Lottery announces second round of Social Enterprise Support Fund grants worth £16.3m
22nd November 2021
The National Lottery Community Fund has just announced that a second round of funding totalling £16.3m in grant support is being made available through its Social Enterprise Support Fund, which began last year. Its aim is assist to social enterprises that have been affected by the coronavirus pandemic.
The fund will offer grants of between £10,000 and £100,000 to eligible organisations in England.
The funding is being distributed by five social enterprise support agencies — Big Issue Invest, Key Fund, Resonance, the School for Social Entrepreneurs and UnLtd. The aim is to support 500 social enterprises through the scheme.
Last year the fund distributed £18.7m to more than 600 social enterprises.
This second funding round opens at 1pm on 25 November and prioritises social enterprises supporting people facing increased social and economic challenges as a result of the pandemic. Applicants must have had an annual income of between £20,000 and £1.8m in either of the last two financial years.
→ There are free briefing webinars (1st & 8th Dec) for those considering applications.