Local Funding

Breakthrough Fund (£10 million) offers in-depth support and preliminary and investment plan grants of between £20,000 and £75,000 to VCSEs looking to raise smaller amounts of repayable investment of up to £500,000.

Organisations may apply first for a preliminary grant to undertake development work with a provider of their choice; and then apply for another investment plan grant when the organisation and their provider know that an investment deal is in sight. On some occasions, organisations may apply directly for an investment plan grant when they and their provider agree that an investment deal is in sight.

Organisations must:

Have a track record of products/services that bring about charitable outcomes or health, environmental or education benefits.
Have potential to develop activities to generate financial and social returns for investors.
Be financially healthy and be able to meet their core costs during the lifetime of the grant.

 

For more information please click here.

Application deadline: Ongoing

See below