Social Business Growth Fund
Social enterprises across Wales can apply for finance to support business growth and job creation projects through a new fund from the Welsh Government. The Social Business Growth Fund will provide grant and loan funding of up to £150,000, of which 40% will be made available as a grant and 60% as an interest-free loan. Social enterprises that exceed their job creation targets will have their proportion of grant funding increased and, as a result, will have less to repay. The fund, which is managed by Wales Council for Voluntary Action, operates on a rolling basis and has no set deadlines for applications.
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