Social investment organisation Foundation Scotland has reported a major increase in demand for funding over the last four weeks.
It has received the same number of enquiries over that time period that it usually receives in four weeks.
The Foundation says the surge in interest indicates renewed “optimism, confidence and ambition across the sector” following the Covid-19 pandemic.
It also follows the launch of a blended package of funding that combines grants and loans, called Investing in Enterprise Fund.
This fund can invest up to £500,000 in charities, social enterprises, and community organisations.
“We are in the process of recruiting a new Investment Executive to increase our team’s capacity and help manage the growing demand,” said Foundation Scotland’s head of investment Chris Holloway.
Foundation Scotland offers social investment across 13 of the most disadvantaged areas in Scotland. It aims to cover the whole of Scotland at a later date.
Latest News
-
London Marathon breaks its fundraising record and reveals next charity partner
-
Government consults on plans for VAT relief on goods donated to charities
-
Second charity management month launches to boost skills across sector
-
Green match funding campaign to rebrand after raising record £8.1m
-
Book bank charity expands
-
Cambridge & Counties Bank launches new proposition for charities
Charity Times video Q&A: In conversation with Hilda Hayo, CEO of Dementia UK
Charity Times editor, Lauren Weymouth, is joined by Dementia UK CEO, Hilda Hayo to discuss why the charity receives such high workplace satisfaction results, what a positive working culture looks like and the importance of lived experience among staff. The pair talk about challenges facing the charity, the impact felt by the pandemic and how it's striving to overcome obstacles and continue to be a highly impactful organisation for anybody affected by dementia.
Charity Times Awards 2023
Mitigating risk and reducing claims
The cost-of-living crisis is impacting charities in a number of ways, including the risks they take. Endsleigh Insurance’s* senior risk management consultant Scott Crichton joins Charity Times to discuss the ramifications of prioritising certain types of risk over others, the financial implications risk can have if not managed properly, and tips for charities to help manage those risks.
* Coming soon… Howden, the new name for Endsleigh.
* Coming soon… Howden, the new name for Endsleigh.
Better Society
© 2021 Perspective Publishing Privacy & Cookies
Recent Stories