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 £500 are available for volunteering or community service projects that are run by young people aged 30 and younger to help them put their ideas into action and run projects that benefit others.
As part of its new grant-making Strategy 2022-25, BBC Children in Need has launched a grants stream for core costs.
BBC Children in Need is offering funding for defined projects with a focus on children and young people.
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