NatWest Social & Community Capital Coronavirus Response Fund

NatWest Social & Community Capital Coronavirus Response Fund

Social & Community Capital is a charity funded and supported by NatWest in order to help social enterprises and community businesses

  • In response to the pandemic, Social and Community Capital are launching a £1 million Coronavirus Response Fund
  • They are offering grants of between £5,000 and £50,000 to organisations across the UK that employ people from vulnerable or disadvantaged groups.
  • These grants are unrestricted and can be used for any purpose, including core costs.
  • Applications will be open from Midday on Monday 22nd June 2020.
  • Applications will stay open for at least one week. It is hoped that applications will remain open for longer but may need to close after a week depending on how many applications they receive and if they reach their capacity, so applicants are encouraged to submit the application as soon as possible.

Eligibility criteria:

  • Organisations must employ people from vulnerable or disadvantaged groups
  • Organisations must generate at least 30% of revenue from trading income
  • Organisations must have had a pre-coronavirus annual turnover of between £50,000 to £1 million
  • The organisation must have suffered a loss of trading income since March 2020, caused by lockdown restrictions
  • The organisation must have been founded and trading prior to 1st January 2019
  • The organisation must have been financially sustainable (or on a path to financial stability) up to March 2020
  • The organisation must be constituted, operating and delivering impact in England, Scotland, Wales, and/or Northern Ireland
  • The organisation must have one of the following legal structures: Community Interest Company (CIC), Company Limited by Guarantee, Community Benefit Society, Co-operative Society, Unincorporated association, Charitable Incorporated Organisation (CIO), Charitable Trusts, Registered Charity

The following will need to be provided in the application form:

  • Basic information about the organisation, contact details, staff and volunteer numbers, year and date founded, financial information for the last 3 years and forecasts for the next 2 year
  • A description of the organisations mission, key activities and impact over the last year
  • Details about the grant request including what it will be used for, why it’s needed and what impact would be achieved

For further information/how to apply please visit:

Website:  https://www.business.natwest.com/business/loans-and-finance/social-and-community-capital.html

Twitter:   @SocComCap

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Get In Touch

Halton & St Helens VCA 

Halton Office: 01928 592 405
St Maries
Lugsdale Road
Widnes
WA8 6DB

St Helens Office: 01744 457100 
2nd Floor Beacon Building
College Street
St Helens
WA10 1TF

Email: info@haltonsthelensvca.org.uk

About

Halton & St Helens VCA is an infrastructure organisation that provides advice, information and development support services to voluntary, community, not-for-profit and faith organisations and volunteers in the Boroughs of St Helens and Halton.