Department of Health Social Enterprise Investment Fund

Feb 5 2010 - 5:46pm

The Department of Health’s Social Enterprise Investment Fund has capital grants from £100,000 to £450,000 available for social enterprises working in health and social care that need funding to put into capital assets. Examples of how grants could be used are: securing premises; purchasing vehicles; updating systems; refurbishment; purchasing equipment.

The application deadline is 19 February 2010 for posted applications and 21 February 2010 for emailed applications. Grants will be awarded on a rolling basis and there is only a limited pot of money available so it is important that you submit your application as soon as possible. Any money awarded must be drawn down by 31 March 2010.

If your project costs exceed £450,000, you may be eligible for additional loan financing. Capital grants are available to organisations that have been trading for 12 months or more and are looking to grow and/or improve their services within the health and social care sector.

For further details see the Social Investment Business website.

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