The Thrive Together Fund (TTF) provides a funding package of loan (75%) and grant (25%) to eligible charities and social enterprises in England.
Who is it for?
Small and medium sized charities and social enterprises based in and delivering impact in England, who are looking to grow or diversify their business models.
What is it for?
The funding can be used for most purposes, including the refinancing of existing debt.
Here are some examples of the types of things the funding could be used for – purchasing an asset, redeveloping/ refurbishing/ improving an asset, continuing or growing a product or service, working capital for ongoing operating expenses, acquisition.
Whatever you apply for, you must be able to demonstrate that you will generate sufficient and suitable income to repay the loan element.
Am I eligible?
* Must be registered as a Charity, Community Interest Company or Community Benefit Society. If registered as any other legal entity, it must have a social object, asset lock and restriction on profit distribution (must distribute less than 50% of post-tax profits) written into its governing documents.
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