Applications now open for Third Sector Resilience Fund
A new £20million fund to support organisations across the third sector who are at risk of closure due to the disruption caused by Coronavirus has launched. The fund will distribute £20m of emergency funds over the coming months.
The Third Sector Resilience Fund is delivered by Firstport, Social Investment Scotland and the Corra Foundation and is part of a £350million support package announced by the Scottish Government for the sector. The Fund will support charities, voluntary organisations, social enterprises and other third sector organisations that already deliver vital services in communities but that find themselves in financial difficulties directly because of the Coronavirus pandemic.
The primary intention of the fund is to help these organisations to stabilise and manage cashflows over this difficult period.
What you need to know:
- The fund is open to charities, voluntary organisations and social enterprises from today, 25th March 2020.
- Grants available between £5,000-£100,000. In addition, there is up to a further £5million available in fully flexible, 0% interest loans starting at £50,000.
- For more information and to apply, visit SCVO’s Coronavirus Third Sector Information Hub.