New £10m fund to help VCSEs become investment ready

Charity Comments Off on New £10m fund to help VCSEs become investment ready

Voluntary, Community and Social Enterprise organisations (VCSEs) at the start of their social investment journey can now register their interest in Big Potential, a new £10m fund that can help them become investment ready. The fund aims to improve the sustainability, capacity and scale of VCSE organisations so they can deliver greater social impact.

Eligible VCSE organisations will be able to access specialist one to one support from the Big Potential programme partners before making an application for grants between £25,000 and £75,000 to undertake more in-depth investment readiness work with one of Big Potential’s approved providers.

VCSEs can now register interest in the fund and will be able to apply for funding from next month here http://www.sibgroup.org.uk/bigpotential/vcse-organisations. For more information on this fund visit http://www.sibgroup.org.uk/news/news/2014/big-lottery-fund-launches-pound10-million-fund-to-get-sector-investment-ready.