The Architectural Heritage Fund (AHF), in collaboration with the Social Investment Business, has launched the Thrive Together Fund, ‘aimed at small and medium sized charities and social enterprises based in and delivering impact in England, who are trading and looking to grow or diversify their business models.
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AHF writes:
The Thrive Together Fund is aimed at small and medium sized charities and social enterprises based in and delivering impact in England, who are trading and looking to grow or diversify their business models. Funding is a blend of loan (75%) and grant (25%). The Thrive Together Fund is delivered by the Architectural Heritage Fund and others in a partnership led by Social Investment Business.
Visit the Fund web pages to find out more about the Fund, including how to apply.
- Funding amount: £25,000 to £150,000 (75% as loan, 25% as grant).
- Repayment term: One to six years
- Organisation type: Incorporated voluntary, community, or social enterprise organisations with a minimum of two years’ operating activity and a minimum turnover of £100,000 in the last financial year.
- Geography: England-only
- Headline interest rate: 7.5% fixed
- Fees: Arrangement fee of 2%
- Security: Loans are typically unsecured
