Social enterprise investment fund capital and revenue grants/loans

There's funding available to provide a mixture of loans and grants for social enterprises to create jobs and bring redundant buildings back into use in the city. The fund will be a mixture of grant and loan. Each investment will be assessed on a case by case basis.

The capital loan available will be repayable loans.

The revenue funding available is an individual award of grant between £5,000 and £10,000 for providing business support.

The capital funding is available with each grant/loan amount envisaged to fall within the £15,000 to £80,000 bracket.

 Social Enterprise Investment Fund Expression of Interest Form [Word, 169KB]

Applications for Social Enterprise Investment Fund are currently closed.

If you would like to discuss your application email or call 01752 398048.

What we are looking for

This discrete fund is designed to help social enterprises with limited financial resources establish themselves, and grow with a revenue contribution to provide the backing of high quality business support at the 'project under development' stage and a capital contribution at the project business case stage.

Key benefits

  • provide a bespoke pilot funding programme tailored to promoting the growth of social enterprises
  • create job opportunities through bringing under-utilised buildings and land in the city back into use
  • create new opportunities for young people not in employment, education, training or apprenticeship
  • help with post start support for social businesses that have gone through the Urban Enterprise Programme

Key outcomes

  • the number of sustainable (social enterprise) business plan models created
  • the extent of match funding that will be achieved through applications to external funders
  • the increase in jobs within the sector and number of buildings/land brought back into use
  • value for money for each grant/loan awarded through measuring the above indicators

For more information please email or call 01752 398048.

This fund is for businesses in the Plymouth business rates area only.