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.
Funding for collaborations led by small charities seeking to influence change around improving the social security system, improving access to suitable accommodation, and support for asylum seekers and refugees.
The Foundation provides unrestricted grants to charities and CIOs to support their work that helps prevent and tackle the consequences of adverse childhood experiences.
The Charitable Foundation are funding registered charities for their work around two themes: a place to call home, and financial wellbeing.
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