Coronavirus (COVID-19) Funding

It is recommended that organisations and community groups frequently check funders’ websites to ensure that the fund is still open to applications and funds’ priorities remain as originally intended, as these are adapting frequently.

If you have existing charitable grant funding:
150+ grant makers have signed a pledge of support for groups, offering reassurance for those who have received grants and whose delivery is now affected by the current situation: http://covid19funders.org.uk/

Grants for individuals seeking support can be found at Turn2Ushttps://grants-search.turn2us.org.uk/

Youth Endowment Fund COVID-19 Grant Round

The Youth Endowment Fund launches new £6.5m COVID-19 grant round to support vulnerable children at risk of youth violence.

Social distancing and stay-at-home measures have seen access to schools restricted and the provision of youth services dramatically reduced. The result is that some of our most vulnerable children have both lost the support they relied on and become increasingly invisible.

Many organisations who are passionate about young people are working hard to find creative ways to address this at a time when their own financial security hangs in the balance. Whilst some continue with their face-to-face work, an increasing number of organisations are adapting services using digital and virtual activities to deliver their support.

With little evidence existing on the effectiveness of digital and virtual support activities in reaching vulnerable children and preventing youth crime, we urgently need to learn more about the best ways to reach and support vulnerable young people.
The dual aims of this grant round are to help reach and support vulnerable children at risk of youth violence, and to learn the best ways to provide support under the current social distancing and stay-at-home guidelines.

The Youth Endowment Fund’s new £6.5m COVID-19 grant round will fund and evaluate work which supports vulnerable young people in at risk of youth violence, and that can be delivered whilst adhering to UK government social distancing and stay-at-home guidelines.
How much funding can organisations apply for?
The average grant is expected to be around £50,000. The minimum grant that organisations can apply for is £25,000. There is no maximum, however grants awarded will be proportionate to the turnover of the organisation(s) applying.

Click here to find out more.

Heart of England – Doing Things Differently Fund

Grants are available to support charitable organisations in the West Midlands and Warwickshire which have to change the way they deliver their work to continue to meet the developing needs of their communities during coronavirus/COVID-19.

The Heart of England Community Foundation has launched this new grant programme in response to the difficult times created by the ongoing coronavirus/COVID-19 crisis.

Grants are available to support small organisations deeply rooted in their communities in the West Midlands to change the way they deliver their work so that they can continue to meet the developing needs of their beneficiaries during coronavirus/COVID-19.

Grants are available to help organisations to change the way they deliver their services to meet the needs of the communities they support during coronavirus/COVID-19. This could include moving services to provide them digitally or redeploying staff to meet the changing needs of the community.

Applications can be made at any time and are assessed on a rolling basis.

An online application form is available on the Heart of England website. Applicants will need to provide the following information:

  • A copy of the organisation’s most recent annual accounts.
  • A time frame of activities and a detailed breakdown of budget for up to six months of activity.
  • The organisation’s most recent bank statement (must be within the last three months).

Click here to find out more.

Esmee Fairbairn Collections Fund – Sustaining Engagement with Collections

Small grants are available for museums and galleries in the UK to explore different ways of engaging with collections while physical access is not available or is severely limited due to the current coronavirus/COVID-19 situation.

The Esmee Fairbairn Collections Fund is administered by the Museums Association (MA) and has been developed from the Esmee Fairbairn Museum and Heritage Collections strand and the MA’s Effective Collections programme. The Fund started in 2011 and 113 projects have so far received grants totalling nearly £9.1 million.

The Esmee Fairbairn Collections Fund’s Sustaining Engagement with Collections scheme is a new, one-off £350,000 fund launched in response to the current coronavirus/COVID-19 pandemic to support UK museums and galleries. The fund has been developed to complement other funding streams, in particular those from Art Fund and the NLHF Digital Skills for Heritage.

Small grants are available for one-year projects carried out by UK museums or galleries to explore different ways of engaging with existing collections while physical access is not available or is severely limited due to the coronavirus/COVID-19 lock down.

Applicants are encouraged to consider experimental or innovative interventions with collections online and/or collections work that will put the museum in a stronger position when it is able to reopen (eg by building audiences and income generation through work with collections).

The deadline for applications is 26 May 2020 (17:00).

An application form is available to download from the Museums Association website, which should be submitted by email to Jacqui Buscher at jacqui@museumsassociation.org and copied to sally@museumsassociation.org.

Before submitting their application, applicants are encouraged to contact Sarah Briggs or Sally Colvin at the Museums Association for an informal chat to discuss their ideas.

Successful applicants will be informed during the week commencing 15 June 2020.

PCC Launches Dedicated Fund For COVID-19 Support Groups

West Mercia Police and Crime Commissioner has launched a dedicated fund to ensure support groups at the heart of the community have the resources they need during the current COVID-19 pandemic.

The fund has been established to allow Town and Parish Councils across West Mercia to apply for money to purchase essential items that will allow them to continue providing support to those that need it most.

With communities across West Mercia staying at home and following Government guidance, the PCC is also encouraging residents to volunteer in their community.

Community groups play a vital role in keeping spirits up and reducing the stresses of social isolation. Whilst face-to-face meetings and group gatherings are no longer possible there are still ways to ensure our most vulnerable neighbours are cared for.

The Commissioner said: “COVID-19 is a concern for us all across West Mercia and during these uncertain times we must work together to ease the situation. Keeping everyone connected is crucial in ensuring that the most vulnerable are not alone. I have seen communities come together throughout West Mercia to provide services such as collecting medication, essential shopping and offering phone and video calls.

“This new fund will give volunteer groups the opportunity to fund essential items such as face masks, gloves and ID badges, enabling them to continue the vital work they are doing in our communities. As Commissioner I would encourage you all listen to guidelines issued by the Government, look out for each other and register for volunteer schemes in your area.”

For more information about the fund and how to apply visit: https://www.westmercia-pcc.gov.uk/about-your-pcc/pcc-grants-scheme/

£3m Advertising Fund for Small Firms Hit by COVID-19 Downturn

The Small Business Advertising Support Fund is a £3 million initiative which aims to provide free print and online advertising for small businesses struggling in the wake of the coronavirus (COVID-19) pandemic.

The Fund, administered by the Federation of Small Businesses (FSB), gives access to tailored print advertising in the Daily Mail, the Mail on Sunday, Metro and i-newspaper. Web-based ads will also run across MailOnline and Metro.co.uk, offering further support to the advertising campaign. This opportunity will enable business to showcase their products and services to millions of consumers who engage with these titles every day.

Businesses will be given a tailored advertising package worth £3,000 each by Associated Newspapers, to use across the news group’s print and online titles. Successful applicants will be matched up to a dedicated local account manager from Mail Metro Media for full support.

UK companies with 150 employees or fewer and an annual turnover (revenue) that does not exceed £6 million may apply. The applicant must be in a position to redeem the £3,000 advertising fund before 30 September 2020.

Click here to find out more.

Funding for Voluntary Organisations Working in the Criminal Justice System

Voluntary organisations with an annual income of less than £500,000 can apply now for a grant of up to £5,000. The funding is to be used for activities and resources which help organisations deliver support to people in the criminal justice system during the coronavirus/COVID-19 crisis. For example, this could be additional equipment or a contribution towards a salary.

Applications will be accepted from voluntary organisations operating in England and Wales, supporting persons in prison, leaving prison or under licence in the community or serving a community sentence in the context of Covid-19.

Organisations are also welcome to apply if they have previously offered support to HMPPS through the sector support mobilisation process to adapt their service or deliver more support during the pandemic, whether they have been accepted, declined or are currently being considered.

All funding must be spent by 30 November 2020.

The £275,000 fund is intended to be open for six months dependent on funds remaining.

Click here for more details and how to apply.

UK Insurance and Long-Term Savings Sector Set Up New COVID-19 Support Fund

Working in partnership with the Charities Aid Foundation (CAF), and a network of partners, including the National Emergencies Trust, the UK insurance and long-term savings industry have launched a new fund to help support some of the people hardest hit by the coronavirus/COVID-19 crisis.

About £82.6 million has already been pledged with another £17.4 million yet to be raised to meet the goal of £100 million.

The funding is intended to provide immediate relief to charities affected by COVID-19, as well as a longer-term programme of support for people, communities, and issues where there is the greatest need, including:

  • Community based charities that are under unprecedented strain.
  • Charities supporting the most vulnerable – in particular, families and children living in greatest poverty and older people in isolation.
  • Initiatives to promote wellbeing and mental health across society.

Click here to find out more.

Healthy Communities Together Programme

This is the latest update on the Healthy Communities Together programme – the new partnership between The King’s Fund and the National Lottery Community Fund to support local areas to work better across the public and voluntary sectors.

The coronavirus crisis makes it more important than ever that local organisations develop ways to work together to meet the health and wellbeing needs of their communities. This email gives a brief update and reminder of the process if you intend to apply for Healthy Communities Together support, as the first deadline is now just two weeks away.

Expressions of interest must reach us by 27 May 2020. They should be submitted via the National Lottery Community Fund website here.

An expression of interest is not a full application but a light-touch outline of your plans so far and who is involved. We do not expect you to have all the detail worked up at this stage: we mainly want to understand what your vision is, your ability to work in partnership to take it forward, and your early thoughts on how you would use the funding and support on offer.

You must be able to assure us that the expression of interest has the support of your local director of public health plus director-level leaders in the local NHS and VCS. At this stage, they only need to give a verbal statement of their support (we will contact these leaders if you progress to the next stage). However, remember that local leaders may only support one expression of interest per place.

If you have any questions, the National Lottery Community Fund’s advice team are on 03454 102 030.

Eligible areas will be notified in June and will be given a deadline for full applications in August. Following site visits, we will announce programme participants at the end of September.

Click here to find out more and to submit an expression of interest.

National Lottery Community Foundation launches Coronavirus Community Support Fund

The National Lottery Community Foundation has launched a £200m fund for organisations in England who are supporting people and communities experiencing disproportionate challenges and difficulty during the pandemic, and those that provide services and support for vulnerable people and have seen an increase in demand or have lost income. This funding has been made available through the £750m support package for the sector announced by the Chancellor on 8 April.

Funding from the Coronavirus Community Support Fund will start to reach frontline organisations within a few weeks. Applications to the Fund will be handled through The National Lottery Community Fund’s well-established funding infrastructure, which they use to deliver around £500 million of grants to local organisations each year. A joint panel set up by DCMS and NLCF will advise on distribution of funding.

Further funding will be committed and informed by emerging priorities, as the impact of the crisis on vulnerable groups and charities is understood.

Applications will open on Friday 22 May. Find out more and apply for funding on National Lottery Community Fund

Armed Forces Covid-19 Impact Programme

The Covid-19 Impact Programme is a £6m Ministry of Defence fund to ensure that people from Armed Forces communities can keep accessing important services, where resources for these services have been impacted by the Covid-19 pandemic. It will be administered by The Armed Forces Covenant Fund Trust.

The £6 million fund is available as grants of up to £60,000. In exceptional circumstances, grants of up to £125,000 or more may be awarded. To apply, charities must be working in one of nine key areas: Support to the elderly (including care homes); Mental and physical health; Welfare; Domestic violence; Housing; Criminal Justice System; Service families (including childcare); Bereavement; Employment

The deadline for applications is 29 May 2020.
Further information and details of how to apply are available here.

Government unlocks £150m from dormant accounts for coronavirus response

The Culture Secretary has announced today that £150 million from dormant bank and building society accounts is to be unlocked to help charities, social enterprises and vulnerable individuals during the coronavirus outbreak. This includes accelerating the release of £71 million of new funds from dormant accounts alongside £79 million already unlocked that will be repurposed to help charities’ coronavirus response and recovery.

The funding will support urgent work to tackle youth unemployment, expand access to emergency loans for civil society organisations and help improve the availability of fair, affordable credit to people in vulnerable circumstances.

  • £10 million will be brought forward for the Youth Futures Foundation to help organisations who support unemployed, disadvantaged young people across the country into jobs.
  • £45 million will be deployed by Big Society Capital to allow better access to investment including emergency loans for charities, social enterprises and some small businesses facing cash-flow problems and disruption to their trading following the coronavirus outbreak.
  • Fair4All Finance will use £65 million to support affordable credit providers to increase access to fair, appropriate products and services for those struggling financially, providing them with an alternative to high cost loans.
  • £30 million will go to Access – The Foundation for Social Investment who will support social enterprises helping people in vulnerable circumstances.

Read the full announcement here.

Loneliness Covid-19 Grant Fund

As part of the Government’s plan to tackle loneliness during the coronavirus lockdown, the Department for Digital, Culture, Media and Sport has launched a £5 million to fund national organisations working to tackle loneliness and build social connections.

The objectives of this fund are to:

  • provide effective, targeted relief for those most at risk of loneliness as a result of Covid-19.
  • contribute to the evidence base on Covid-19 and loneliness.

This fund will make grants of between £500,000 and £1,000,000.

The deadline for applications is 12pm on 29 May 2020.
Further information and details of how to apply are available here.

Covid-19 Homelessness Response Fund

The Ministry of Housing, Communities and Local Government has received £6 million for emergency funding to homelessness charities. This fund will be delivered through Homeless Link.

The Fund aims to provide financial assistance to local homelessness organisations, at a time when many are at risk of having to cut services and staff or close altogether due to increased operational costs and a loss of fundraised income caused by the pandemic.

Homeless Link will offer grants to frontline organisations where more than half of beneficiaries are people experiencing homelessness. Applicants must have an annual turnover of less than £5 million.

The deadline for applications is 27 May 2020.
Further information and details of how to apply are available here

Covid-19 Food Charity Grant Scheme

The Department of Environment, Food and Rural Affairs has launched a Food Charities Grant Fund. If you run a front-line not-for-profit or charity that provides food, you may be eligible to apply for a grant to support your organisation to provide food to those who need it.

The grant aims to provide immediate support for a limited period of time to help to feed those most vulnerable due to the economic impacts of Covid-19. This ensures that they can access a continual supply of food in a time of increased demand. This will feed numerous economically vulnerable groups including the homeless, the elderly and those in rehabilitation.

The Food Charity Grant Scheme requires charities to apply for at least £30,000, up to a maximum of £100,000. If you receive food from the FareShare network, you are still eligible to apply for this grant. Your grant application should be for the additional food you need to support the increase in demand to your services as a result of Covid-19.

The deadline for applications is 6 July 2020.
Further information and details of how to apply are available here.

Western Power Distribution- In This Together – Community Matters Fund

Local authorities, parish councils, charities and community groups are being encouraged to apply for extra financial support from WPD as the company launches its ‘In This Together – Community Matters Fund’ today.

This £500k fund intends to support communities affected by the coronavirus outbreak within WPD’s operating region, by helping local organisations to deliver vital support and services directly people in vulnerable situations.

Phil Swift, WPD’s Chief Executive, said: “Today I’m delighted to announce we are launching WPD’s ‘In This Together – Community Matters Fund’. We are establishing this with £500k to directly support community organisations who are working at the grassroots, helping families and our customers who need extra care throughout the coronavirus pandemic. I’m pleased that we will be able to offer much needed financial support to enable key service partners to deliver vital support to people at this time, from food drop-offs to befriending services for those living in isolation alone.”

“We look forward to hearing from local organisations with ideas of how our funding could help them to extend their support.”

For more information about the fund and how to apply, click here.

Cadent Foundation
The Cadent Foundation recently launched and is funded by the UK’s biggest gas network Cadent. UK charities or groups with charitable purposes can submit applications for grants of up to £100,000. Applications close on 31 May. Visit the Cadent Foundation website for details on how to apply.

Tesco Bags of Help COVID-19 Communities Fund
A new short-term fund to support local communities. Successful applications will receive a single payment award of £500 to organisations who are supporting vulnerable groups. Visit the Tesco website for eligibility details. The fund is currently closed in selected areas, check the Tesco Community Grants website for details.

The Sir Jules Thorn Charitable Trust
The charitable trust is offering grants of up to £1,500 for eligible small charities. The Trust is currently accepting applications. For eligibility criteria please visit The Sir Jules Thorn Charitable Trust website.

Neighbourly Community Fund
The Neighbourly Community Fund is offering grants of up to £400 to charities and community groups that are actively supporting communities affected by the Coronavirus outbreak. The Fund is currently accepting applications. For eligibility criteria please visit the Neighbourly website

Magic Little Grants 2020
The Postcode Community Trust and Localgiving are providing charities and community groups with the opportunity to apply for grants of up to £500. Magic Little Grants are currently accepting applications. For eligibility criteria please visit the Localgiving website.

COVID-19 guidance for voluntary, community and social enterprise organisations

Shropshire Council Small Grants Programme

Shropshire Council has made a total of £75,000 available to distribute in grant funding to community / VCS organisations running local initiatives to help with the COVID-19 response and other funding pressures brought about by the pandemic at a local level.

The Small Grants Programme is aimed at supporting very local initiatives. Many communities have begun initiatives to help people who are finding it difficult to cope with the current situation. This Programme will provide financial support to help these initiatives take off and be sustained throughout the coronavirus crisis. Additionally, some community facilities and village halls will be facing lost income during this time and so the council wants to help ensure that they are sustained as well.

The maximum grant available through the Small Grants Programme will be £500 per grant.

This grant funding is only available to voluntary and community organisations and parish or town councils based in the Shropshire Council area.

Applicants must be properly constituted organisations and must have a bank account in the name of the organisation. If you cannot meet either of these conditions you could approach other local organisations such as your parish or town council to partner with you.

We don’t want to be too restrictive. However, applications for funding may only be made for:

  • supporting a local community response to COVID-19, or
  • sustaining a local asset, e.g. village hall, which has been adversely affected by loss of income as a result of the coronavirus crisis

We will ask you to set out in your application how you intend to spend the money and you should keep receipts and records if we need you to account for it afterwards.

You can either download the form from this page or you can email us at covid19grants@shropshire.gov.uk us to request an application form. You should then email the form to the email address above. The guidance attached to this page tells you all you need to know in order to apply for funding. If you have any queries please email us at covid19grants@shropshire.gov.uk or look at https://www.shropshire.gov.uk/coronavirus/resources-and-grant-funding-opportunities-for-local-communities/covid-19-small-grants-programme/

Funding will be made available in up to 3 waves.

Morrisons Foundation – COVID-19 Homeless Support Fund

Based in Bradford, the supermarket chain Morrisons has established the Morrisons Foundation to support local good causes across Great Britain. The Foundation Trustees have pledged support for the Homeless Support Fund, aiming to fund charities caring for the homeless during the coronavirus/COVID-19 outbreak and ensure help gets to those who need it most.
The Foundation recognises that homeless people are particularly vulnerable to COVID-19 because they are more likely to have underlying health conditions and are less able to access basic sanitation. For those who are sleeping rough or are in a crowded night shelter, it is impossible to self-isolate and maintain social distance.
Applicants should:

  • Be registered with the Commission/OSCR for a minimum of one year and have filed their documents (ie trustee’s reports and financial accounts) on time.
  • Work directly with homeless people and provide support of one or more of the areas the fund cover.
  • Accept payment electronically over the phone (by credit card or BACS).

There is a total of £500,000 for this fund. Awards up to £10,000 are available. However, smaller requests will allow more charities to be supported from the fund.
Registered charities who care for the homeless can apply for support to cover the following broad areas:

  • Outreach and support for rough sleepers, including provision of essentials.
  • Delivery of services in hostels and shelters.
  • Information and advice.

Applications can be made at any time.

Click here to find out more.

Thomas Pocklington Trust (TPT)

TPT has launced a £500,000 fund to support sight loss organisations which are providing vital services to blind and partially sighted people during the Covid-19 pandemic.
TPT has suspended its normal grant funding activities, postponed the launch of its revised grant programme and will use funds previously allocated to its normal grant programme to provide this essential support to partners in the sight loss sector.
Click here to find out more.

COVID-19 Emergency Surplus Food Grants

Cash support will be provided to organisations redistributing food across England during the coronavirus outbreak.

Food redistribution organisations across England are to benefit from £3.25 million of government funding to help them cut food waste and redistribute up to 14,000 tonnes of surplus stock during the coronavirus (COVID-19) outbreak.

From overcoming operational barriers in obtaining, storing and transporting food safely from restaurants as they close in response to coronavirus, to supporting drops in volunteer numbers, grants will be available to redistributors working to ensure valuable food supplies do not go to waste.

All food redistribution businesses and charities will be encouraged to bid for grants over the coming month, including those whose volunteer programmes have been affected by social distancing measures or those that cannot access their usual commercial support network.

The Defra-funded grant scheme will be managed by sustainability not-for-profit organisation WRAP, which works closely with governments, businesses and redistribution organisations to minimise food waste.

The Fund will operate over three phases, with applications invited under phases 2 and 3, which are set to open on 9 April. More information is provided on the WRAP website.

Big Society Capital 

Big Society Capital is planning to launch an emergency loan fund for the sector. Around £100m is expected to be available

Standard Life Foundation

The Standard Life Foundation has launched funding for work directly related to the coronavirus pandemic. Grants will be made to organisations which tackle financial problems and improve living standards for those on low-to-middle incomes in the UK. It is likely that grants will be made in the range of £5,000 to £50,000, however, there is no set amount that people can apply for.
Click here to find out more.

Barclays Banking group

Barclays has set up a foundation with £100m. The Barclays Foundation will be giving out half of the £100m in the form of direct funding for charities, while the other half is a commitment to match employees’ donations, including senior figures in the corporate pledging a third of their salary
Click here to find out more.

Yapp Charitable Trust

Small UK charities affected by the impact of COVID-19, grants up to £3k. Registered charities in England and Wales, with a total annual expenditure of less than £40k; core costs and staffing.

Click here to find out more.

Neighbourly Community Fund

With the support of our partner businesses M&S, Lidl, Aldi, Danone and Coca-Cola European Partners, Neighbourly are launching a series of micro-grants of up to £400, to support good causes that are helping communities affected by the new Coronavirus outbreak. Grants will be awarded to existing members of Neighbourly in UK and Ireland whose work will involve supporting members of the community suffering economically, socially or from ill health as a result of the outbreak. This may include, but not be limited to, elderly people, those on low incomes and people at risk of food insecurity. Grants are unrestricted and can go towards food provision, emergency supplies, practical support, running costs, transport and other essentials.

Click here to find out more and to apply.

The Leathersellers’ Company – Small Grants Programme

This is a fast track application process for small one-off grants. It could be particularly useful for funding small projects or to cover unexpected costs. The value of the grant awarded could be up to a maximum of £3,000.

In the light of the unprecedented challenges that now face small charities providing vital services to the most vulnerable members of our community, our small grants programme invite applications from UK registered charities which are currently supporting:
– the homeless or those at risk of becoming homeless
– provision of food and essential supplies
– victims of domestic violence
– nursing care to vulnerable patients

You can expect a decision in a maximum of 4 weeks of applying (we expect it to be less as we are holding 3 meetings in the space of 8 weeks). In order to distribute maximum funding to organisations urgently, applications will close for summer on 11th May, with the final allocations made the week after. Applications will then reopen in early August 2020 (we expect with new priorities).

For those based in London and requesting funds for food and essentials we suggest applying via the London Funders portal  where we and other funders will have access to your application, so reducing your workload. For those based outside London or with other needs, please complete our application form here.

 

Sport England Launches £20m Community Emergency Fund

Sport England has set up the new £20 million Community Emergency Fund as part of a £195 million package to help the sport and physical activity sector through the coronavirus (COVID-19) crisis. It is specifically targeted at organisations, including those not currently supported by Sport England, who have a role in supporting the nation to be active but who are experiencing short-term financial hardship or the ceasing of operations due to the impact of coronavirus (COVID-19).

Grants of between £300 and £10,000 are available to the following organisations:

  • Local sports clubs
  • Voluntary and community sector organisations that deliver or enable sport and/or physical activity, including organisations that are not solely or primarily sports organisations and have an important role to play in keeping people active, that may need support for other parts of their organisation to remain open
  • Small charitable trusts that do not qualify for financial help elsewhere
  • Regional or county level organisations or leagues that have already paid out funds for activities that are now cancelled and are not able to claim funds from elsewhere.

The fund has been developed to help community sport and physical activity organisations meet their obligations, in particular fixed costs, which are no longer supported with revenue as a result of coronavirus. This might cover expenditure on:

  • Rent
  • Utility costs
  • Insurances
  • Facility or equipment hire
  • Core staffing costs (including casual workers) that cannot be met elsewhere by other government funds
  • Retrospective losses dating from 1 March 2020.

Some examples of the sort of things the funding can help with are:

  • Support a boxing club to pay for their utility bills and other costs for their facility when no activity is taking place
  • Support a local league who have paid for equipment to run a competition which is now cancelled and therefore will not receive the money the players in the league would have paid.

Applications are currently being accepted with a closing date of 31 July 2020.

 

£5 Million COVID-19 Relief Grants for Young Entrepreneurs

The Prince’s Trust and NatWest have launched a £5 million grant fund for young entrepreneurs whose businesses have been affected by the coronavirus outbreak. The Enterprise Relief Fund aims to help 18-30-year olds keep their businesses afloat during the COVID-19 crisis.

Cash grants can be used to maintain core business operations during the crisis, as well as meet any existing financial commitments, such as paying for essential equipment or settling invoices from suppliers. Additionally, grants will support young people to diversify their business to respond to opportunities created by the crisis.

In conjunction with grants, the initiative will offer one-to-one support and guidance to anyone who needs it and who may be worried about their future.

To be eligible, businesses must have started up in the last four years and be run by someone aged 18 to 30. Young people who are in the process of starting a business and do not have any other source of income during the crisis are also eligible to apply for a grant.

Jonathan Townsend, Interim UK Chief Executive of The Prince’s Trust said:

‘It is more important than ever to encourage and protect the entrepreneurial spirit of young people in the UK.

‘Small and medium-sized businesses make up most of this country’s economy and we need the next generation of entrepreneurs to come out fighting on the other side of this crisis.’

Click here to find out more.

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