As part of the five-year Enterprise Development Programme, run by Access - The Foundation for Social Investment, a fund worth £1.85m will help charities and social enterprises operating in youth services or tackling homelessness to "develop or grow their enterprise activity and income".
From 24 September, charities will be able to apply for feasibility grants of between £5,000 and £10,000 so they can investigate and develop an "enterprise proposition".
More substantial grants of around £50,000 will be available for organisations that already have an enterprise proposition which requires further development or help to grow.
Application guidance states that the ultimate aim is for organisations to take on social investment in the future.
Register Now to Continue Reading
Thank you for visiting Children & Young People Now and making use of our archive of more than 60,000 expert features, topics hubs, case studies and policy updates. Why not register today and enjoy the following great benefits:
What's Included
-
Free access to 4 subscriber-only articles per month
-
Email newsletter providing advice and guidance across the sector
Already have an account? Sign in here
