I am delighted to announce that Resonance has partnered with Big Issue Invest, the Key Fund, the School for Social Entrepreneurs and UnLtd, to support social enterprises recover from the COVID crisis via the Social Enterprise Support Fund underwritten by The National Lottery.
Grants will range from £10k to £100k for the purpose of supporting enterprises rebuild and grow their trading income whilst helping their communities recover from the crisis in general.
Resonance will be responsible for delivering £2.7m of grant funding to social enterprises who have been trading for a least a year and have a turnover of between £20k and £1.8 million.
Resonance will deploy the grants in two rounds of £1.35 million:
- The application portal will first open on 25 November until 21 December 2021; with the grants being paid out from mid-February 2022
- The second round will open on 28 February until 24 March 2022, with grants being paid out from late April 2022
Full details on eligibility and how the grant may be used, can be found via the link above.