The Social Enterprise Boost Fund is a new programme funded by the UK government. It aims to kick start and accelerate social enterprise activity in local areas and demonstrate social enterprises’ impact on their communities.
As part of the programme, social enterprises get access to free one-to-one support and coaching, group workshops and digital resources, as well as seed funding starting at £1000 to try out and grow social enterprise ideas.
We are working with PNE to deliver the Social Enterprise Boost Fund in South Tyneside and Sunderland.
There are three levels of funding available, depending on the stage and needs of the social entrepreneur/enterprise.
The grants are designed to help social entrepreneurs progress as their ideas develop. The maximum amount an applicant can secure is £10,000. In most cases, this is likely to consist of a £5000 Kickstart grant, followed by a £5,000 Grow grant. However, in the event that an applicant receives a £1,000 Try grant, and then a £5,000 Kickstart grant, the maximum Grow grant they can apply for is £4000.
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