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A new Dumfries and Galloway Social Enterprise Grant Programme has launched for Realising Market Potential.
The aim of this fund is to invest in social enterprises to grow the social economy in the region.
There is a total of £50,000 available in the programme for projects with applications open up to a maximum of £5,000.
Applications will be accepted from the following organisations:
- Scottish Charitable Incorporated Organisation (SCIO)
- Company Limited by Guarantee
- Community Interest Companies
- Cooperative
- Community Benefit Societies
This project is funded by the UK government through the UK Shared Prosperity Fund. The UK Shared Prosperity Fund is a central pillar of the UK government’s Levelling Up agenda and provides £2.6 billion of funding for local investment by March 2025.
The UK Shared Prosperity Fund aims to improve pride in place and increase life chances across the UK investing in communities and place, supporting local business, and people and skills. For more information, visit https://www.gov.uk/government/publications/uk-shared-prosperity-fund-prospectus
The ambition of the new grant is to invest in social enterprises who are looking at new markets to develop their business, e.g. exploring these markets, launching a pilot project.
The grant can fund the following:
- Staff costs
- Volunteer costs
- Training costs
- Event costs
- Market research costs
- Equipment costs
- Project delivery costs
Project activity should start no earlier than 30 September 2024 and all activity and spend must be completed by 28 February 2025. Applicants must be based in Dumfries and Galloway and the programme has an application deadline of 15 August at 12noon.
To apply, click here: Dumfries and Galloway Social Enterprise Grant Programme