Social Business Growth Fund
This is a blended grant and repayable loan through Social Investment Cymru, WCVA. The SBGF aims to support social businesses in Wales financially to enable them to grow and create job opportunities. You will receive a “blend” of 40% grant and 60% loan, however, if you over achieve against job creation targets the loan repayments are reduced. Support is available between 20,000 and £150,000.
This is part funded through the European Regional Development Fund and will require you to apply through the E-Tender Wales portal. The application process has two parts – if your Expression of Interest is successful you may also be eligible for business planning support through the Wales Cooperative Centre.