GMCVO have extended the application period for our Emergency Investment Fund to February 2021. This fund is aimed at Social Enterprises, Charities and Community Businesses who are in desperate need of urgent capital caused by COVID-19. This Emergency Investment Fund helps organisations by providing loans ranging from £50,000 to £250,000. There is a repayment and interest free period of up to 2 years at the start of the investment and then a 3-year repayment period. Applications will now close on February 26th 2021. Additionally, for organisations impacted by Covid-19, we are able to support applications for Social Investment Businesses’ Resilience and Recovery Loan Fund and the Bounce Back loan Scheme offered by Growth Company. Our Access to Growth investment fund is still going strong, offering smaller investments (£10,000-£50,000) to support social enterprises, charities and community businesses to grow their social impacts. For communities looking to develop their own housing schemes or sports facilities, we are also the local partner for the Resonance Community Developers Fund. If you have any questions regarding how any of these funds might help your social enterprise, charity or community business, or would like to or are thinking of applying, please contact our social investment team on gmsocinvest@gmcvo.org.uk |