Available Funding and Business Support During this Time

Available Funding and Business Support During this Time

Third Sector Resilience Fund

About the Third Sector Resilience Fund

The Third Sector Resilience Fund (TSRF) is a £20 million emergency fund for third sector organisations in Scotland. It is part of a £350m support package for the sector in Scotland in response to the Coronavirus pandemic.

The fund will support organisations across the third sector who are at risk of closure due to a sharp decrease in income or that are unable to deliver their services during this difficult period.

The Fund is delivered by Firstport, Social Investment Scotland and Corra Foundation on behalf of the Scottish Government.

Who is it for?

The Third Sector Resilience Fund is designed for charities, voluntary organisations, social enterprises and other third sector organisations that already deliver services and products but that find themselves in financial difficulties directly as a result of the Coronavirus pandemic, as opposed to pre-existing financial difficulties. The funding’s primary intention is to help these organisations to stabilise and manage cashflows over this difficult period.

The TRSF is part of a range of support available to third sector organisations. Interested applicants are strongly encouraged to assess all the schemes available to them and only apply to the Third Sector Resilience Fund if this is the most appropriate for their individual circumstances.

How much can organisations apply for?

The TSRF can provide grants between £5,000-£100,000. In addition, a further £5m is available in fully flexible, 0% interest loans starting at £50,000. The fund is complemented by specialist business advice from Just Enterprise to help grant recipients maximise the impact of the financial support.

How can organisations apply?

Interested organisations should visit SCVO’s Third Sector Information Hub where all the information about the fund is available - https://scvo.org/support/coronavirus/funding/for-organisations/third-sector-resilience-fund

SCVO - Coronavirus Funding Information https://scvo.org/support/coronavirus/funding

Giving World partners with businesses and charities to redistribute end-of-line, surplus and discontinued products for free, to the most deprived communities across the UK. - If you are not already registered with us to access free of charge business surplus stock, you can do so here: https://www.givingworld.org.uk/charity/

Helping Communities affected by COVID 19

£350 million fund to support welfare and wellbeing

An additional £350 million will go to those most affected by the coronavirus (COVID-19) pandemic, Communities Secretary Aileen Campbell has announced. The funding will be made available to councils, charities, businesses and community groups and designed to be flexible, cutting down on red tape to enable them to respond swiftly and according to local need for people impacted economically or through reduced contact with society, including anyone struggling to access food.  Read more here.


Aberlour Urgent Assistant Fund

Aberlour know that thousands of children and their families will experience significant levels of distress at this time, those already at breaking point will struggle to put food on their tables, ensure they can heat and light their homes and meet their essential needs.  Our Urgent Assistant Fund is there to help these families when they need it most.  Read more here.


Coronavirus Business Interruption Loan Scheme

As well as loans, there are many other types of finance supported by the programme, depending on the provider.

Click here for more information

The coronavirus Charity Help Fund

£1m of funding for small charities

The money-saving expert Martin Lewis is offering £1m in grants to small registered charities for projects related to the coronavirus pandemic. Grants of between £5,000 and £20,000 will be available. Examples of projects that might be funded could include food banks and charities providing community aid or financial advice. Deadline 11:59pm on 25 March. Click here to apply.

COVID 19 – Support for Business

Employers and Businesses

The Guidance to Employers and Businesses about COVID-19 page has also been updated with further information around the following: Statutory Sick Pay relief package for SMEs Small business grant funding of £10,000 for all business in receipt of small business rate relief or rural rate relief Grant funding of £25,000 for retail, hospitality and leisure businesses with property with a rateable value between £15,000 and £51,000 The HMRC Time To Pay Scheme. Read more here.

The Non-domestic Rates Coronavirus page has been updated with further eligibility criteria for help with non-domestic rates in Scotland. Click here

RSABI - Our helpline - 0300 111 4166 - is open. We are here to support people in Scottish agriculture. Are you ok? Are your neighbours, friends and family ok? Please #keeptalking. Call us if you need us. NFU ScotlandSAYFC Young FarmersScottish Land & EstatesQuality Meat Scotland (QMS)SRUCScottish National Rural NetworkRural MattersWomen in Agriculture ScotlandBritish Veterinary Association - BVAScottish Crofting Federation

Job Retention Scheme  -The government have stated they will support employers by paying 80% of salaries under the Coronavirus Job Retention Scheme, in order to avoid redundancies.

Disclosure Scotland -  The following update highlights a temporary change to the way applications are processed by Disclosure Scotland.

Support for Social Enterprises

Just Enterprise will be confirming this week additional funding that will be made available to extend its usual advice and support to make application processes faster. In the meantime, please check out Social Enterprise Scotland for the latest advice for social enterprises and COVID 19. Click here for more information.

Social Enterprise UK - coronavirus resources

Social Enterprise UK (SEUK) has put together a website for enterprises dealing with the impact of coronavirus. The website contains the latest resources, advice and support services, including webinars from leading voices within the sector.

They have a series of webinars this week. These are all free to sign-up too and the recordings will be available on this site. Each webinar is an hour long with plenty of time to ask questions. 

25 March, 12pm – Financial Support during the Pandemic: Ian Workman, Managing Director and Head SME at Barclays looks at the financial support available for social enterprises.

https://www.socialenterprise.org.uk/coronavirus-information/

Institute of Fundraising - Fundraising Strategy & Planning

Of course the priority at this time is to ensure the safety of loved ones, ourselves and our community. And with fundraising events being cancelled and increasing pressure on donors for support, combined with greater demand on your organisation's services, a fundraising strategy could not be more important. If you are in self-isolation and have some spare time, why not give your fundraising approach some careful thought to ensure your organisation can respond in the coming months. Read more here.


Localgiving - Magic Little Grants

In association with Postcode Community Trust, the fund provides local charities and community groups the opportunity to access funding to deliver engaging physical activities, which help to overcome barriers to participation. The aim of the fund is to support the work of organisations that are engaging hard to reach individuals, encouraging them to take part in physical activity to help improve their physical health. Read more here.

Corra Foundation - Henry Duncan Grants: Micro Grants

Henry Duncan Grants was re-launched in 2020 with changes including a move to multi-year grants, unrestricted grants, and a rolling programme of micro grants. The fund will focus on a different theme each year. For 2020 this is - Enabling families to cope with the impacts of poverty. See website for future themes. Up to £1k, rolling application process. Read more here
 

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