Natwest are offering £1 million in grants to organisations across the UK who employ people from disadvantaged or vulnerable groups.
Social and Community Capital’s (S&CC), mission is to help social enterprises, charities and community businesses. The coronavirus (Covid-19) lockdown has caused a loss of income for these organisations.
Through the S&CC Coronavirus Response Fund, they want to help bridge the gap so organisations survive the crisis and continue to have a positive impact in their communities.
Grants will range from £5,000 to £50,000
You may be eligible if:
- You employ people from vulnerable or disadvantaged groups
- Your organisation was founded and trading prior to 1 January 2019
- Your annual turnover ranges from £50,000 to £1 million
- Your organisation generates at least 30% of revenue from trading income
- You've suffered a loss of trading income since March 2020 caused by lockdown restrictions
- You are not currently a customer of S&CC
What organisations can apply?
You must have one of the following legal structures:
- Community Interest Company
- Company Limited by Guarantee
- Community Benefit Society
- Co-operative Society
- Unincorporated association
- Charitable Incorporated Organisation
- Charitable Trusts
- Registered Charity
Applications opened from 12pm on Monday 22 June and will stay open for at least one week. Applications may be open longer depending on how many applications are received and if capacity is reached.
For more information and to apply click here