Social enterprises and COVID-19: Grants, loans and other funding
Below is a list of funding we've heard of that can help social enterprises and other social sector organisations throughout the COVID-19 pandemic – either those directly tackling its effects, or those working in unrelated fields but needing extra support to continue delivering their services. [LAST UPDATED: 27/03/20]
This page will be updated regularly – please send details of any funds to email@example.com so we can add them to the list.
For organisations worldwide
- Open Road Alliance, a US-based fund that specialises in making short-term bridge loans to social enterprises in difficulty, is offering four loan products and grants of up to $100,000 to organisations tackling the virus.
- Sweden’s Action Against Corona initiative is offering startups or projects from around the world that are tackling the virus up to €1m. Read more here.
- Entrepreneur and investor Sam Altman is looking to fund startups or projects directly helping with COVID-19.
- Hispanics in Philanthropy (HIP) has two emergency funds to help Latino organisations offset unexpected costs – one focused on migration, another on civic participation.
- The GlobalGiving Coronavirus Relief Fund is aiming to raise $4m, and offering micro grants of $1,000 to nonprofits (existing users of the platform) that have been affected – apply here.
- Netflix has set up a $100m fund to help the creative community, including “third parties and nonprofits offering emergency relief to out-of-work crew and cast in countries where Netflix has a big production base.”
- Facebook is offering $100m in cash grants and advertising credits for up to 30,000 small businesses (in 30+ countries) that are facing disruptions due to the virus.
- ChangeX is identifying, funding and spreading grassroots projects aimed at strengthening Ireland’s response to Covid-19. The Web Summit has pledged €1m to support these projects.
- Aspen Tech Policy Hub is accepting applications from technologists (US citizens/residents only) for projects that will help mitigate the effects of Covid-19, with winning teams allotted up to $15,000. Deadline 30 March.
- Bumble is offering small business owners "in a tough position due to COVID-19" up to $5,000 cash. Requests accepted until 5 April and awardees announced within 30 days from then.
- MIT SOLVE is seeking solutions for prevention, accurate detection, and rapid response of outbreaks. Selected solutions get a $10,000 grant. Deadline 18 June.
- The Horizons Foundation is contributing $200,000 to provide emergency grants to LGBTQ organisations in the Bay Area.
- Freelancing platform PeoplePerHour is offering small businesses £10m worth of credits to hire one of its 2.4 million freelancers.
- The WeFunder accelerator is looking for startups with bright ideas to tackle any area that's affected by coronavirus, with $50,000 in immediate funding and help to raise up to $1m. Deadline 3 April.
- The Center for the Advancement of Social Entrepreneurship (CASE) has a database of grants, loans and other cash available to entrepreneurs everywhere.
For UK organisations
- Scotland's government has created a £20m Third Sector Resilience Fund, with both grants and interest free loans available. The fund is now open for applications here.
- The Welsh government has announced an initial fund of £24m to support Wales’ voluntary sector. There's also £18m to support the creative industries, culture and sport sectors, including a £750k Emergency Relief Fund to support small and vulnerable independent organisations.
- The Community Foundation Northern Ireland is offering grants of up to £2,500 to organisations in Northern Ireland supporting isolated older people.
- The National Emergencies Trust, established last year, launched its Coronavirus Appeal in partnership with the British Red Cross, with backing from the Duke of Cambridge. It will distribute money to charities and grassroots organisations.
- The John Lewis Partnership has announced a £1m Community Support Fund to help communities across the UK to help those in need.
- Martin Lewis from MoneySaving Expert has offered £1m in grants of £5,000 to £20,000 for small registered charities, or local arms of bigger charities, across the UK.
- M&S, Lidl, Aldi, Danone and Coca-Cola European Partners have partnered with Neighbourly to create the Neighbourly Community Fund to channel microgrants directly to community organisations helping those most at risk. For existing members of Neighbourly in UK and Ireland only.
- Indigo Trust is giving £1m to the Trussell Trust to support food banks and £500,000 to the Oxfordshire Community Foundation to re-grant to organisations most in need in the local area (plus another £1m to the National Emergencies Trust Appeal). The trust is expected to make "significant, further, grants to meet the needs that arise".
- Individuals working in the hospitality industry experiencing financial difficulties can apply for a one-off grant payment of £250 per household from Hospitality Action.
- The Department of Health and Social Care has funding of up to £25,000 for tech innovators developing digital solutions to support elderly, vulnerable and self-isolating people during COVID-19.
- UK crowdfunding platform Crowdfunder has removed fees for charity and community group users during the crisis.
- The Fore is offering fast-track emergency grants of up to £5,000 to organisations in its portfolio – with the option to apply for more than one grant.
- Not specific to coronavirus, but Yapp Trust offers grants towards the running costs of small charities (maximum £3,000 per year, for up to three years).
- The Arts Council has announced £160m financial support to help individuals and organisations in the cultural sector through the crisis.
- Sport England has created a £20 million Community Emergency Fund for sports clubs and community organisations to bid into – with grants between £300 and £10,000 available.
- Crisis has made grants of up to £50,000 available to support homelessness charities coping with the impact of the emergency.
- The National Lottery Community Fund has up to £300m of National Lottery funding available for grants towards activities specifically geared to supporting communities through the crisis, as well as helping organisations overcome liquidity issues caused by COVID-19.
- Social Investment Scotland has launched a £2m Credit Union Resilience Fund to support credit unions with their working capital and liquidity.
- Charities Aid Foundation (CAF) has launched a rapid response fund to help smaller charitable organisations affected by Covid-19 – with grants of up to £10,000 available.
- The £50m Heritage Emergency Fund (National Lottery) has grants of £3,000-£50,000 for heritage organisations including historic sites, industrial and maritime heritage, museums, libraries and archives, parks and gardens, landscapes and nature. Past grantees of the Lottery Heritage Fund can still apply and priority is given to organisations at risk of severe financial crisis due to COVID-19.
UK - region-specific
- The Mayor of London, City Bridge Trust and London Funders have announced a £2m fund for community and voluntary organisations in the capital.
- The Community Foundation for Staffordshire is raising funding for organisations that support vulnerable people.
- The Community Southwark Coronavirus Charity Help Fund has grants (£5,000-20,000) on offer for small community organisations and local charities, for specific coronavirus poverty relief projects.
- Devon Community Foundation has grants for local charities that are supporting vulnerable people affected by the outbreak. Charities can apply for grants which would support them for 6-8 weeks.
- The Kent Community Foundation is offering grants of up to £10,000, prioritising charities and community interest companies that are supporting isolated older people.
- The Surrey Coronavirus Response Fund is soon opening applications for funding from local charities, community groups or social enterprises in Surrey that respond to the needs of vulnerable local people
- The Sussex Community Foundation’s £100,000 Sussex Crisis Fund is supporting local charities and community groups that are helping people affected by the virus outbreak.
- The Two Ridings Community Foundation has grants of up to £2,000 for charities or community groups in North Yorkshire, York, East Riding of Yorkshire or Hull trying to continue their work in a difficult environment.
- The Wiltshire and Swindon Coronavirus Response Fund will prioritise voluntary groups that support individuals most affected by the outbreak (especially isolation or loss of income).
- The Greenham Trust has £250,000 of emergency funding for local charities and voluntary organisations supporting elderly and vulnerable people in West Berkshire and North Hampshire. It has also launched a public appeal and pledged to match up to £100,000 of this funding.
Other funding initiatives
- The Gates Foundation has announced a number of new funding streams for R+D and to tackle detection, isolation and treatment efforts.
- The United Nations Foundation and Swiss Philanthropy Foundation set up the COVID-19 Solidarity Response Fund to raise money for the World Health Organization’s efforts. Facebook and Google are matchfunding for donations made via their respective platforms.
- BlackRock, the world’s largest investment group, has pledged to donate $50m to help people in financial difficulty as a result of the virus.
- The Rockefeller Foundation has committed $20m to create a better tracking and management system for the virus.
Thanks to all those who shared the above links, including Ian McLintock of The Charity Excellence Framework – a free online toolkit that includes Coronavirus assessments, toolkits and resources and allows users to assess their charity's effectiveness and resilience in less than a day.