Start-up Grants for Social Enterprises
Start-up loans of up to £20k at zero interest and grants of up to £10k are available for Welsh charities and the deadline closes soon.
SE-Assist Wales Fund, delivered by the Charities Aid Foundation (CAF), offers finance packages and mentoring to help charities and social enterprises grow, become sustainable and increase capacity. Last year the body awarded over £6m in grants.
This particular package for social enterprises and entrepreneurial charities, needs to meet a local social or environmental need to be successful. Those that win the grant will get blended finance packages comprising interest free loans of up to £20,000 (with potential for more at 6.5%) plus a grant of up to £10,000 alongside it. Thrown in are some optional mentoring support and networking opportunities.
How to apply
The SE-Assist Wales Fund is open to applicants until 23 July 2021, so you will need to act fast if you want to secure the chance of some funding and support. See more details at Business Wales.
At LHP we’ve a long track record of working with Welsh charities and not-for-profit enterprises. For help with any aspect of your enterprise, including start-up advice and sourcing funding, please don’t hesitate to get in touch. With our team of 70 staff based in our 5 offices across South Wales, Carmarthen, Cross Hands near Swansea, Haverfordwest, Tenby and Lampeter, you are in safe hands.