The First Steps Enterprise Fund is a £300,000 pilot programme offering loan-grant packages to charities and social enterprises working in communities in the North West and South West of England.
Small community-led organisations moving on from start-up stage can apply for up to £30,000 to help them grow their services and become more sustainable. The investments are the first steps towards accessing the wider social investment market and more financing options.
This is a pilot partnership between the Asda Foundation and the Social Investment Business Foundation and aims to catalyse other UK corporate foundations to use their money innovatively to create social impact in communities across the country.
The deadline for applications is midday on 26th June 2015.
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