Big Potential, a Big Lottery Fund grant fund, will deliver approximately £20m of grant funding over 3 years to voluntary, community and social enterprise organisations (VCSEs) with the aim of improving the sustainability, capacity and scale of VCSEs in order that they may deliver greater social impact.
The programme aims to raise awareness of the social investment market and support VCSEs who want to prepare themselves for social investment or winning contracts.
Big Potential has two possible application routes – Breakthrough and Advanced.
Big Potential offers the chance to consider if social investment can help fund existing activities and services through:
- Breakthrough Grants of between £20,000 and £75,000 for specialist business support to help raise new repayable investment of up to £500,000.
- Advanced Grants of up to £150,000 for specialist business support to help raise new repayable investment above £500,000 or to help win contracts worth above £1million.
- Fully Supported Diagnostic Service – including a helpful online tool and an in-depth 1:1 session with an expert advisor if you apply for a Breakthrough grant.
- Website Resources including how-to guides, case studies and video content about social investment
For full details on both routes and to apply, please visit the Big Potential website.
Deadline: midday, Thursday 11 October 2017