How much is on offer: The Main Investment Fund offers a minimum grant of £50,000 and a maximum of £750,000. The Managed Workspace Fund does not offer set amounts, however organisations should be aware that both funds primarily give loans rather than grants.
What it will fund: It provides investment packages for organisations that want to expand and become sustainable. The ACF is particularly interested in hearing from rural projects, organisations that are pioneering new ways of working or that demonstrate excellence in what they do and from groups that are led by members of black and minority ethnic communities.
Who can apply: Independent and community-led organisations involved with enterprise can apply. Applicants must be working within a local community and with a particular group of people, such as disadvantaged young people. Applicants must be able to show a record of previous community work and be able to plan and deliver a successful enterprise activity in-house.
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
