Tag Archive for: loan

Thrive Together Fund – Blended grant and loan to grow and diversify social enterprise

Grants available: Up to £150,000

District: England

Applications close: rolling

Who is the funding for: 

The Thrive Together funding programme offers up to £150,000 as a blended package of loan (75%) and grant (25%) to those looking to grow or diversify their business models bproviding funding to help strengthen operations, improve resilience, encourage growth, expand impact, and ensure long-term success. 

Link: Thrive Together Fund | Funding | Social Investment Business (sibgroup.org.uk)

About:

Small and medium sized charities and social enterprises based in and delivering impact in England, who are looking to grow or diversify their business models. 

Am I eligible?
  • Incorporated voluntary, community or social enterprise organisations*
  • Based in England and delivering social/ environmental impact in England
  • A minimum of two years’ operating activity
  • A minimum turnover of £100k in the last financial year
  • A viable borrowing proposal.

* Must be registered as a Charity, Community Interest Company or Community Benefit Society. If registered as any other legal entity, it must have a social object, asset lock and restriction on profit distribution (must distribute less than 50% of post-tax profits) written into its governing documents.

Thrive Together Fund – Blended grant and loan to grow and diversify social enterprise

Grants available: Up to £150,000

District: England

Applications close: rolling

Who is the funding for: 

The Thrive Together funding programme offers up to £150,000 as a blended package of loan (75%) and grant (25%) to those looking to grow or diversify their business models bproviding funding to help strengthen operations, improve resilience, encourage growth, expand impact, and ensure long-term success. 

Link: Thrive Together Fund | Funding | Social Investment Business (sibgroup.org.uk)

About:

Small and medium sized charities and social enterprises based in and delivering impact in England, who are looking to grow or diversify their business models. 

Am I eligible?
  • Incorporated voluntary, community or social enterprise organisations*
  • Based in England and delivering social/ environmental impact in England
  • A minimum of two years’ operating activity
  • A minimum turnover of £100k in the last financial year
  • A viable borrowing proposal.

* Must be registered as a Charity, Community Interest Company or Community Benefit Society. If registered as any other legal entity, it must have a social object, asset lock and restriction on profit distribution (must distribute less than 50% of post-tax profits) written into its governing documents.