Sources of Funding

Sources of Funding 2019-10-03T08:55:02+00:00

There are various sources of funding available to businesses, start-ups and voluntary and community organisations from grants, loans to crowd funding. Below is a list of funding opportunities with deadline dates.

7 October
HSBC Golf Roots Foundation
An exciting funding opportunity.  Looking to fund health based projects in particular those with an interest in the many life-skilled benefits of the game.
Help Musicians
Their ‘Do It Differently Fund’ is open to emergency and professional musicians.  Apply for a grant of between £500 – £3,000 to fund professional development opportunities/creative projects.

9 October @12noon
Power to Change
The Community Business Fund is open to community libraries, bakeries, pubs, hubs, art centres etc. Grants of between £50,000-£300,000 are available.

31 October
Chivas Venture
Funding for social entrepreneurs who blend profit with purpose to have a positive impact on the world. Previously funded examples: lifting people out of homelessness through coffee; turning cow manure into sustainable fashion; turning plastic waste into affordable housing.

11 October 
Tampon Tax Community Fund
Funding for charities and community groups to support women and girls of all ages to build their skills, confidence and self-esteem.

14 October @4pm
London Good Growth Fund
The above fund is Mayor Sadiq Khan’s £70 million regeneration programme to support growth and community development in London.   There are two funding opportunities:  Capital grants and repayable capital grants.  Partnership bids are encouraged which build on the strengths of different organisations.  A South London workshop is offered on 11 September book HERE.
Help Musicians UK 
Up and coming jazz musicians with the ambition to build a sustainable career in jazz can apply for a £5,000 award towards a creative project from the Peter Whittingham Jazz Award.

15 October @5.30pm
Postcode Dream Trust
Funding for projects that seek to implement systemic change in order to address an important social or environmental problem.  There are 3 new funding themes:  Environmental Systems Change; Sustainability Systems Change; Health and Wellbeing Systems Change.

18 October
Energy Industry Voluntary Redress Scheme
Charities that support energy customers are invited to apply for grants to support individual energy consumers in vulnerable situations.  Grants can pay for anything from making homes more energy efficient to providing advice that helps consumers keep on top of their bills.

Gannett Foundation UK 
Grants for local projects that  take a practical and creative approach to fundamental issues such as neighbourhood improvements, local problem-solving, economic development, youth development, education and cultural enrichment, care of the elderly or infirm, help for the disadvantaged or disabled, and environmental conservation.  While preference will be given to ideas which create a tangible and durable benefit, consideration will be given to single events, performances or other projects of limited duration that otherwise meet the criteria. Although no specific grant limits have been indicated, grants tend to range from around £1,000 to £9,000.

New!Ofgem Energy Redress Scheme
The Energy Saving Trust distributes payments to charities from energy companies who have breached rules.  The funds can pay for anything from making homes more energy efficient to providing advice that helps consumers keep on top of their bills. (The deadline is at 5pm).

23 October
NatWest WISE100 
The above award is now open and they are looking for women who are making a tangible difference in social enterprise, impact investment, or mission-driven business.  There are six categories.

4 November
Henry Smith New Housing First
Grants of up to £400,000 are available for projects which help people with multiple and complex needs who are experiencing homelessness.

National Churches Trust
The above trust’s church conservation fund is now open.  There are grants of between £10,000 and £50,000 to support the conservation and sustainable use of church buildings focusing on larger and more complex projects i.eg.urgent structural repairs; projects that introduce kitchens and accessible toilets to enable increased community use.

10 November
Historic England
Capacity Building Programme now open to voluntary organisations. Funding for national-level projects and activities that will reduce heritage at risk and sustainably manage heritage assets, for statutory consultees to provide advice to local authorities and for projects that enable national third sector organisations to reduce their reliance on public funding.

11 November @5pm
British Science Week 2020
Community groups that need some funding to create events or activities to engage under represented people as part of British Science Week can apply now.  Grants up to £500 to run one or more events during British Science Week and grants up to £1,000 to run one or more events as well as follow-up activities that will lead to continued engagement after British Science Week which will take place 6-15 March 2020.

28 November @5pm
Small Charities Challenge Fund
Providing a grant up to £50,000 for small registered charities doing outstanding development work improving the lives of the most vulnerable and marginalised.

29 November 
Teacher Development Fund
Paul Hamlyn are offering grants up to £150,000 to support delivery of effective arts-based teaching and learning opportunities in the primary classroom.

5 December
Energy Globe Award

Acknowledging and rewarding large and small projects addressing climate change. Categories: earth; fire; water; air; youth; special category on the issue of ‘energy for the poorest’.

One Croydon Alliance 
Will fund voluntary and community groups to provide services or activities that will help reduce social isolation and loneliness – targeting people over 55 with complex health or care needs including those with dementia and mental health conditions.
There are no deadlines.

20 December
New! Local Road Safety Projects
A small grants programme aiming to improve road safety at a local level and make our roads safer for vulnerable people.  Eligible projects are pilots/trials, expanding successful trials across a new area, and/or the evaluation of interventions.

31 December
DfE Trust Capacity Fund
There are 4 strands to the above fund which aims to support trust growth and development. To apply, applicants must take into their trust at least one additional school, be able to demonstrate how they plan to use the funding efficiently and effectively and also must be of sound financial health.

Loans & Grants

Croydon Enterprise Loan Fund

The Croydon Enterprise Loan Fund is a growth programme designed to support businesses in Croydon to access finance in order to start or grow a business. The scheme is managed by London Small Business Centre and Enterprise for London on behalf of Croydon Council.
The Croydon Enterprise Loan Fund offer expert practical support to help businesses get ready to apply for finance. Since 2008 the loan fund has gone on to provide £3m of finance to over 300 local businesses that have received loans ranging from £1,000 to £50,000.

To find out more contact: keith.miller@enterpriseforlondon.com or call: 07515 051023.

Find out more

Greater London Investment Fund (GLIF)

The fund was launched by the Mayor of London back in May and comprises of both debt finance and equity investments. The FSE Group will be managing the £55million debt fund. The fund will be providing support for new and established small to medium enterprises that are located in one of the 33 London Boroughs.

The fund will also focus on industries identified as important for the capital’s economy by the Mayor in his Economic Development Strategy. These include cultural and creative industries, financial and business services, life sciences, low carbon and environmental goods and services, tech and digital, and tourism. The fund is open to all businesses and places a strong focus on supporting women-led businesses and entrepreneurs from black, Asian and minority ethnic backgrounds.

Expansion loans are available from between £100,000 and £1million, and can be used to fund sales and marketing activities, hiring new staff, new product development or to help businesses entering new markets. We are looking to work with Croydon businesses to promote the funds objectives, so any help will be greatly appreciated.

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Coast to Capital Funding and Grants

Coast to Capital has a number of funding, grant and loan opportunities available to private sector and public sector organisations to support business growth in Croydon, East Surrey, Gatwick Diamond, Brighton & Hove, Lewes and West Sussex. This funding comes from our allocation from the Government’s Growth Deal and the European Structural & Investment Fund which both support business growth.

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Innovate UK Business Innovation

Guidance for business and academic organisations on what funding they can get to test ideas and develop innovative products and services.

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Crowd Funding

Spacehive

Croydon LIVE is also here to provide a platform for Croydon’s communities to develop, fund and launch their own projects to create and enliven fantastic new public spaces.

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European Funds

European Social Fund

The ESF is Europe’s main instrument for supporting jobs, helping people get better jobs and ensuring fairer job opportunities for all EU citizens. It works by investing in Europe’s human capital – its workers, its young people and all those seeking a job. ESF financing of EUR 10 billion a year is improving job prospects for millions of Europeans, in particular those who find it difficult to get work.

The European Union is committed to creating more and better jobs and a socially inclusive society. These goals are at the core of the Europe 2020 strategy for generating smart, sustainable and inclusive growth in the EU. The current economic crisis is making this an even more demanding challenge. The ESF is playing an important role in meeting Europe’s goals, and in mitigating the consequences of the economic crisis – especially the rise in unemployment and poverty levels.

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European Investment Fund

Our central mission is to support Europe’s small and medium-sized businesses (SMEs) by helping them to access finance. To this end, we aim at satisfying existing and future market needs by designing innovative financial products addressed to our partners (banks, guarantee, leasing and microfinance institutions, private equity and venture capital funds, among others), acting as our financial intermediaries.

By offering an Integrated Risk Finance Product Range of SME finance to our intermediaries, we complement the products offered by the European Investment Bank (EIB) with which we form the EIB Group.

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