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The Community Builders Fund is a newly launched £17 million initiative aimed at supporting charities, social enterprises, and community organisations across England, Wales, and Scotland. Managed by the Social Investment Business (SIB), the fund offers flexible loans ranging from £100,000 to £1.5 million to help these organisations grow and build long-term resilience.
Where to Find the Fund:
To learn more about the Community Builders Fund and begin the application process, visit the Social Investment Business's funding page: Social Investment Business
Application Checklist:
When applying for the Community Builders Fund, consider the following steps to strengthen your application:
- Understand Eligibility Criteria:
- Ensure your organisation is a charity, social enterprise, or community organisation operating in England, Wales, or Scotland.IFA Magazine
- Confirm that your organisation delivers a clear social or environmental impact.Wikipedia
- Prepare Financial Documentation:
- Compile recent financial statements, including income and expenditure reports.
- Develop cash flow forecasts demonstrating the ability to repay the loan.
- Articulate Social Impact:
- Clearly define the social or environmental issues your organisation addresses.
- Provide evidence of the positive outcomes your organisation has achieved.
- Outline Use of Funds:
- Specify how the loan will be utilised (e.g., scaling operations, launching new services).
- Detail the expected impact and how it aligns with your mission.
- Governance and Management:
- Highlight the experience and qualifications of your leadership team.
- Demonstrate strong governance practices and accountability measures.
- Seek Professional Advice:
- Consult with financial advisors or organisations experienced in social enterprise funding to review your application.
By thoroughly preparing your application and clearly demonstrating both financial viability and social impact, you can enhance your chances of securing funding from the Community Builders Fund.