The Flexible Finance Fund is a partnership between Social Investment Business, The Ubele Initiative and Create Equity. It will be providing £4m of funding and support to 15-25 Black and Racially Minoritised charities and social enterprises in England with a material package of funding and support to help them to grow or take on assets and become more resilient
Flexible Finance works through providing a flexible grant and support alongside a loan from the Recovery Loan Fund with the grant being up to 100% of the loan value (grant ranges from 50% to 100% of the loan value and is capped at a maximum of £200k) alongside direct support from Ubele or Create Equity through the funding application process. The loan alongside the grant can range from £50k to £1.5m and be repaid over 1 to 6 years.
Grants up to £2,500 (£4,000 for joint bids) for projects that make a meaningful impact on health inequalities within the communities of Airedale and Ferry Fryston.
Grants are available for UK registered charities to support social and criminal justice projects in the UK.
Grants of up to £5,000 are available for UK registered charities for specific projects that improve communication skills for disadvantaged adults and supports NEET people into employment.
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