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 of up to £10,000 are available for VCSE organisations to support the priorities in the Police and Crime Plan, including safer places and thriving communities.
This new grant round will support projects that enable people to access food, create opportunities for young people, improve people’s mental wellbeing, promote community cohesion and build sustainable futures.
The Young Women in Mind programme aims to help improve the mental health of women aged 16-25. Grants go to organisations that increase young women’s access to high quality, age and gender specific mental health services.
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