Social Investment Business Cost-of-Living Fund (England, Wales, & Scotland) - Deadline: 31 st December 2024
In response to the cost-of-living crisis, Social Investment Business (SIB)
is making a mixture of unrestricted loans and grants available to help charities and social enterprises to continue to meet the needs of communities in deprived areas of the country.
The Fund provides non-repayable grants ranging from £10,000 to £250,000 to help organisations already assisting people impacted by the cost-of-living crisis to:
• Continue their existing products or services,
• Increase the number of people supported,
• Launch new products or services,
• Improve the quality or efficiency of products and services.
The grant operates alongside SIB’s Recovery Loan Fund which provides loans of between £150,000 and £1.5 million to organisations based in England, Wales, and Scotland. Grants are provided in conjunction with the Recovery Loan Fund. The ratio of the grant to the loan is 20% to 50%