Sources of Funding

Sources of Funding 2019-11-06T22:45:16+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.

Croydon’s Green Fund 
Grants for projects, activities and initiatives that promote environmental protection, green living and a sustainable lifestyle in Croydon.  Grants between £1,000-£15,000 for small/medium projects and between £15,000-£50,000 for medium/large projects.  Grants will be made three times a year.

The One Croydon Alliance is seeking to fund local voluntary and comunity groups to provide services or activities that will help reduce social isolation and loneliness.  The service aims to target people over 55 with complex health or care needs including those with dementia and mental health conditions.
Find out more

November deadlines

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.

16 November
Henry Smith: Holiday Grants for Children
Schools, youth groups, not-for-profit organisations and charities can apply for grants of £500 to £2,500 to fund recreational holidays or outings for groups of children who would otherwise not be able to access such opportunities.

19 November
Virgin Media Christmas Stars
Virgin Media will film a special recording of the winning school’s festive play and make it available, via On-Demand, to its 4m Virgin TV customers in the days leading up to Christmas. Stephen Mulhern will join the winning school’s cast to help tell the story for a one-off performance. The winning school will receive a £5,000 cash prize too.  The show can be a traditional nativity or a new tale with dancing elves and reindeers – or anything in between. Schools can also enter one of the festive shows available from Out of the Ark Music.

27 November @12noon
Healthy Ageing Trailblazers Competition
This competition encourages organisations to develop and demonstrate how products, services, and business models which support people as they age will be adopted at scale.  There are seven themes drawn by the Centre for Ageing Better: Sustaining physical activity; Maintaining health at work; Designing for age-friendly homes; Managing common complaints of ageing; Living well with cognitive impairment; Supporting social connections; Creating healthy and active places.

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.

December deadlines

6 December
Cold Weather Fund
Registered charities and community interest companies, that are not commissioned by local authorities, can apply to the above fund for grants between £5,000-£25,000.  Projects should demonstrate how the grant will reduce rough sleeping and offer longer-term solutions from people sleeping rough accessing these shelters by supporting moves into accommodation and sustainable longer term accommodation for those moving off the streets.  Bids that seek to provide support to specific groups such as vulnerable women, LGBT couples, or pet owners will be given priority.

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’.

8 December @11.50pm
Windrush Grants
Grants of up to £25,000 are available for local authorities, charities and community groups to celebrate commemorate and/or educate about the history of the MV Empire Windrush and the contribution of the Windrush Generation to British economic social and cultural life.  There will be information days taking place across the country from 4th – 22nd November for those interested in applying.

9 December 
CareerTech Challenge Fund
Funding to prepare the workforce and provide the right tools and technologies to enable people to envision their futures.

13 December @12 noon
Condition Improvement Fund
This annual fund provides capital funding for academies, sixth-form colleges and non-diocesan voluntary aided (VA) schools in England to transform facilities, improve school buildings and create more good school places. The funding can help expand classrooms, upgrade facilities such as sports halls or science labs, and address issues with the general wear and tear of school buildings. This year there is new strengthened criteria to offer an incentive to academies and trusts to improve finances and governance.

31 December
Community Gardens Award
Providing funding to amateur gardeners from community groups to create a garden or similar project such as an allotment with a horticultural focus for the benefit of their local community.

31 December 2019 @5pm
New! Pocket Parks
A one-off fund to support pocket parks and to restore and renovate existing parks that benefit local communities. Community-led organisations working in partnership with local authorities can apply now for grants up to £15,000 for a new pocket park and up to £25,000 for refurbishment of existing parks split between capital and revenue.
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.

13 January 2020
Nesta: Alternarratives
An open call for bold creative ideas that explore new ways to tell a story and push the boundary of how literature is consumed. This competition is aiming to encourage storytellers to imagine how short-form fiction could help re-engage young people at secondary school with the act of reading for pleasure.

29 January 2020
CareerTech Challenge Prize 
Unlocking employment opportunities for the future.

January 2020 deadlines

13 January 2020
Nesta: Alternarratives
An open call for bold creative ideas that explore new ways to tell a story and push the boundary of how literature is consumed. This competition is aiming to encourage storytellers to imagine how short-form fiction could help re-engage young people at secondary school with the act of reading for pleasure.

29 January 2020
CareerTech Challenge Prize 
Unlocking employment opportunities for the future.

Rolling funding

 L&Q Place Makers Fund
Grants to local groups and charities sharing a passion and commitment to changing lives and enhancing communities.  Activities should deliver one of the three following outcomes:  education; health and wellbeing; isolation and exclusion. Applications will be looked on the 1st day of each month @12noon.

Get Up Rise Up Action Fund
The above fund is in a six month trial period making resources available to local groups that often find themselves underfunded or under-resourced and who are planning creative direct actions as part of an ongoing campaign.  Priority will be given to African groups during the trial period but will not necessarily be limited to that.  Applications will be looked at each month.

Allen Lane Foundation 
New funding programme – Social Cohesion – to provide support to local communities working at a grassroots level. Priority will be given to applications from areas of high deprivation.
Other programmes are:  asylum seekers and refugees; gypsy and traveller communities’; migrant communities; offenders and ex offenders; older people; people affected by violence or abuse; people with mental health problems.
They are next looking at applications prior to February 2020 Trustee Meeting.

**FUNDING NEWS**

 Paul Hamlyn Foundation
The above grant makers have highlighted the need to use digital to attract younger In their latest review report (which you can download below) they are focusing on increasing diversity e.g. using an online forum for peer networking which currently has ‘limited engagement’ and presents an opportunity to adapt this approach.

New! £25m Safer Street Fund 
The Home Secretary has launched a £25 million fund to prevent burglary and theft in crime hotspots.  The fund will be open to bids from Police and Crime Commissioners for projects aimed at preventing acquisitive crime.
Read more

New! £2m Fund to tackle Loneliness
The Government have announced the above which aims to support  frontline, grassroots organisations that bring people together and help them make friends. These could include community cafés, street parties, coffee mornings or local walking groups.
Read more

FREE Funding Support and Resources
London Sport provides free funding advice and a number of resources to help organisations including dos and don’ts of writing a funding bid and developing an evidence base. We also provide a free Check and Challenge to proof-read applications. Contact them by clicking here.

Investment/Grant Opportunity
CIP (Community Impact Partnership) is a joint initiative between four leading housing associations: Clarion; L&Q; Orbit; Peabody Trust.  Offering blended investments/grants of between £25,000-£150,000 to support organisations working in local communities.
Read more

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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