The Government’s £16.5 million ‘Real Help for Communities’ Modernisation Fund helps third sector organisations be more resilient to the impact of the economic downturn. It is focused on helping organisations providing services to those worst hit by the recession.
The remaining element of the Fund consists of loans of between £30,000 and £500,000 at 0% interest, delivered by The Social Investment Business. The grant element, delivered by Capacitybuilders, has now closed for applications.
Hurry if you think you could benefit – the remaining element closes at the end of March 2010. This means that investment decisions need to be made by 15th January 2010.
Loans of between £30,000 and £500,000 at 0% interest for third sector organisations - charities, community groups and social enterprises.