Communitybuilders Fund Opens for Applications
Posted October 22nd, 2009 by esther
Communitybuilders provides a mix of loans, grants and mentoring support to community groups to improve long-term financial stability and move away from grant dependency.
The three investment packages administered by Communitybuilders are:
- A development package consisting of bespoke business support, which is based on initial
needs assessments and leadership grants of £2,000 for developing and training staff - A feasibility package of further business support of up to five days and grants of up to
£20,000, for use towards project development of a growth plan. For larger projects, grants
will be available of up to £75,000 and 30 days' worth of support - Bespoke investment packages for investees, who are ready to develop, grow and expand
their role within the community. This will consist of loans of between £50,000 and £2
million, offered at 5% for an initial three-year period of a ten-year loan term.
Further details and eligibility criteria can be obtained through the Communitybuilders Fund
website at: www.communitybuildersfund.org.uk
Warwickshire Children and Young People's Workforce