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Our Emergency Investment fund is aimed at Social Enterprises, Charities and Community Businesses who are in urgent need of 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. In line with other Covid-19 support funds (CBILS, SIB Recovery and Resilience Fund and Bounce Back Loans), we have recently secured an extension for this fund to allow more time for organisations to submit an application. Applications are now scheduled to close on Sunday 16th May 2021. 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 |
