Black and Racially Minoritised charities and social enterprises in England can now benefit from £4 million of funding and support via the Social Investment Business. Delivered in partnership with the Ubele Initiative and Create Equity, the Flexible Finance Fund will support the growth and long-term resilience of up to twenty-five organisations working to improve people’s lives or the environment they live in. Flexible loans of between £50,000 to £1.5 million are available with up to 100% of this amount as a grant (capped at £200,000), with terms of between 1 to 6 years at a fixed rate of 7.9% per annum. Eligible applicants must have been operating for at least two years and have a minimum turnover of £200,000. Applications are accepted at any time. Grants & Loans to Support Black & Racially Minoritised Organisations (England)
sobus
20 Dawes Road, London, SW6 7EN
Telephone 020 7952 1230
Email info@sobus.org.uk
Registered Charity No.1071089
and Company Limited by Guarantee. Registered in England No.03471416
Sobus is a new Community Development Agency for Hammersmith & Fulham. It has been created through the merger of the Community and Voluntary Sector Association Hammersmith & Fulham (CaVSA) and the Fulham Community Partnership Trust (FCPT). Building on the strengths of both organisations, sobus aims to provide a wider range of support services for local charities, community groups, social enterprises and start up businesses.