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The voice of Scotland’s vibrant voluntary sector

Published by Scottish Council for Voluntary Organisations

TFN is published by the Scottish Council for Voluntary Organisations, Mansfield Traquair Centre, 15 Mansfield Place, Edinburgh, EH3 6BB. The Scottish Council for Voluntary Organisations (SCVO) is a Scottish Charitable Incorporated Organisation. Registration number SC003558.

£20m coronavirus support fund launched

This news post is over 4 years old
 

Charities can now apply for vital funding to help them stabilise and manage cash flows through the crisis

Vital funding which aims to support charities through the coronavirus crisis has been launched.

The Third Sector Resilience Fund (TSRF) is a £20m emergency fund for charities, community groups, social enterprises and voluntary organisations working in Scotland.

The fund will support organisations that already deliver services and products but find themselves in financial difficulties directly as a result of the coronavirus pandemic. The primary intention of the fund is to help voluntary sector organisations to stabilise and manage cash flows over this difficult period.

The fund will be delivered by Firstport, Social Investment Scotland and the Corra Foundation and will provide grants between £5,000 and £100,000.

In addition there will be up to a further £5m available in fully flexible, 0% interest loans starting at £50,000. The fund will be complemented by specialist business advice from Just Enterprise to help grant recipients maximise the impact of the financial support.

To be eligible, interested organisations must be:

- a charity, social enterprise or voluntary organisation based in Scotland and/or primarily delivering services/activities in Scottish communities;

- already delivering those products or services prior to March 2020;

- and needing funding to stabilise cashflows directly as a result of the impact of COVID-19, as opposed to pre-existing financial difficulties

Interested applicants are encouraged to read the fund’s guidance notes and FAQs prior to starting an application.

In order to apply, organisations must complete a short eligibility checker to assess their suitability for the fund. Based on the answers provided, interested applicants will be directed to the correct application form depending on their needs or signposted to other sources of relevant funding/support.

More information can be found here.

The Scottish Council for Voluntary Organisations (SCVO) has created a community directory to provide vital support to voluntary groups and the public during the current crisis.

The Covid-19 Third Sector Information Hub allows groups to share what non-medical help they can offer to the public and other organisations

It also enables groups to share what assistance they require and find offers of help between organisations.

At the same time, the public can access it to search for support from organisations in their community, using a geographical search and to find information on how they can volunteer or help in their community.

 

Comments

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Eddie McLuskey
over 4 years ago
Is this a separate fund from that which is offered by Local authorities and can our SCIO apply to both?
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linda cormack
over 4 years ago
can you send me please any application that i can apply for our community charity we are self funded and are closed now and cant make any funding to pay wages or pay core cost linda@thespacescotland.org
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Stuart
over 4 years ago
check out my post on Linked In if your group is interested in some probono fund raising supporthttps://www.linkedin.com/pulse/does-your-group-need-help-try-secure-grants-from-trusts-mccallum/
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