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Funding and Finance

Funding and Finance

Many social enterprises have been put in the position, due to the pandemic, where by the trading side of their business has stopped and therefore income has stopped and they have had to turn to seeking out grant funding or event loans to enable them to keep going.  We are really keen to hear about your experiences of applying for funding, whether that has been good or bad or you have picked up some tips that would be useful to others. You may also have found new or different ways of generating an income during this period. 
Funding is always something that members find useful in order to share experiences and learn from each other. Also, we would like to hear about successful funding bids so we can help share your good news!  Please get in touch for a chat or drop us a line at admin@angussen.org.uk.

As always, we would recommend you check SCVO’s website and their funding pages and sign up for their bulletin. SCVO-funding.

Scottish Govt’s Enabling Neighbourhoods and Communities Fund is now open. The Fund, administered by the Corra Foundation, will provide small grants to community organisations across Scotland who are connecting and supporting people within their local communities.

Business Support – Strategic framework application fund – Facilitated by Angus Council
If your business is required to close by law or to significantly change its operations due to COVID-19 restrictions from 2 November 2020, you may be eligible to apply for grant funding.
Applications are now open for the following funds:

To check eligibility for the fund check here
Please note when completing these applications that if you are in receipt of charitable rates relief, please tick the box that says that you you pay rates directly to the Council.  There is not an option for ‘in receipt of rates relief’ however I have checked this with the Council.  If you have any issues with applying for the fund, please email Invest@angus.gov.uk

Angus Council Discretionary Fund
The Councill have also opened the above fund on Friday 29th January.  The fund is to support businesses that have been impacted by Covid-19 restrictions and regulations and have had no financial support since 9th October 2020. Please go to Covid 19 Business Funding Information and Support (investinangus.com) for more information.

Adapt & Thrive Programme & Communities Recovery Fund
The Adapt and Thrive Programme has introduced two significant changes to the current criteria.  Eligible organisations can now access funding regardless of turnover size and the top value of grants will increase from £25k to up to £75k. 
We are keen to find out whether any of our members have been successful, or indeed unsuccessful with these funds.  Or if you are thinking about applying but would like to have a chat about it, please get in touch at admin@angussen.org.uk.

UnLtd Scotland announced its new tranche of funding to identify and support social entrepreneurs. Up to £15k is available for awards – alongside a package of one-to-one peer support. They are particularly keen to encourage applications from people who identify as Black, Asian or from a minority ethnic background – as well as people with a disability. For more info contact ThomasMcAlister@unltd.org.uk.

Resilience and Recovery Loan Fund (for loans of between £100K and £1.5m) – closes at 11.59pm on 31st March. 

Volant Trust Charitable Trust Open Grant aims to support women, children and young people who are at risk and facing social deprivation. It supports Scottish charities and projects, whether national or community-based, which help alleviate social deprivation, particularly supporting women, children and young people at risk – closing date 30 April 2021.

The Scottish Children’s Lottery has reopened across its four-grant giving SCIOs – Chance to Connect, Succeed, Flourish and Study. There are no deadlines and applications are reviewed quarterly. You can apply for a small grant of up to £5,000, or for a large grant of up to £25,000.

Cameron Grants: small cash awards from Cameron Grant Memorial Trust to support innovation in mental health.

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