A new £6 million fund has been launched that aims to improve access to finance for smaller charities and social enterprises.
The Thrive Together Fund provides unrestricted funding to support the growth of small and medium-sized charitable organisations and social enterprises that actively contribute to social or environmental causes.
Eligible applicants can receive a funding package ranging from £25,000 to £100,000, combining repayable finance with grant funding. The Fund seeks to expand social investment opportunities, especially for organisations in disadvantaged areas.
The funding is being made available through a partnership consisting of Social Investment Business, Co-operative and Community Finance, Fredericks Foundation, Groundwork, Homeless Link, and the Architectural Heritage Fund.
Applications can be submitted at any time as there is no closing date