Deadline: 31 January 2025
Do you trade for social good in an SNG community? Does your enterprise have a shop front premises and needs investment to increase its community impact and trading potential? If yes, then this call is for you!
The SNG Commercial Support Fund was developed in 2023 specifically for social enterprises that trade from premises (owned or leased) within SNG communities.
They know that social enterprises that gain most of their income via trading on the high streets have been some of the hardest hit post COVID and grant funding for costs that fall outside specific project running costs are hard to come by.
They want to ensure that shops and other trading spaces set up for social good continue to play a long-term role in creating vibrant commercial and community spaces in neighbourhoods and continue to provide impact to SNG customers and communities.
Categories
- Organisations must be able to demonstrate that the work that they do falls into one of these categories:
- Addressing poverty and inequality – for example, charity shops, community stores and shops in the centre of their neighbourhoods or in rural locations.
- Supporting the vulnerable or those at risk of disadvantage – for example, a dementia cafe or a social space for ethnic minority groups.
- Helping people enter employment and training – funds can be used for training volunteers who are SNG residents, or costs associated with work placements (training in areas such as health and safety).
Funding Information
- SNG is offering a grant of between £1,000 and £4,000 to pay for specific capital expenditure related to enhancing or improving the impact of your organisation within SNG communities.
Eligibility Criteria
- Applicants must:
- Be a social enterprise or community business trading primarily for social/environmental purposes and constituted and registered as a CIC, CIO or other registered charitable organisation as articulated in their governing documents.
- Earn at least 25% of income from trading and this must be clearly recognised within your financial accounts (for the purposes of this grant they define ‘trading’ as generating income via charges for services to customers, such as a café or shop).
- Demonstrate that social outcomes are being achieved, with a direct and tangible benefit to the local community.
- Demonstrate that the organisation is directly supporting the communities in which SNG work.
- Support SNG residents and communities in at least one of the key priority areas of addressing poverty and inequality, supporting those at risk of disadvantage or supporting people to enter employment or training.
- Be independently owned/controlled.
- Have been trading for at least 12 months with a clear and sustainable forecast for the next 12 months+ OR have a robust and achievable business plan for opening a trading ‘arm’ of an existing charity with clear and realistic intention to be trading within the next 12 months.
For more information, visit SNG.
