What is the Funding for?
Build It is for social entrepreneurs who have tried and tested a social enterprise idea and want to turn it into their full-time job. Build It funding is awarded four times per year.
You can apply for up to £20,000 to fund your salary.
We will consider funding up to a further £5,000 for additional essential costs, such as hiring other staff. However, the maximum amount is granted in rare instances when applicants can present a particularly strong case.
Who can apply?
You can apply if your social enterprise idea is already off the ground and has been trading for two years or less. Typically, successful Build It awardees have been up and running for around one year and can demonstrate a strong track record of generating income, covering your costs and achieving tangible social impact.
You must also meet our eligibility criteria, which can be downloaded and read in full in the Application Guide. You can find this document in the Downloads section at the bottom of this page.
How we assess your application
Following the application deadline, we assess the applications against our criteria and the strongest applications are shortlisted.
If you are shortlisted, you will be expected to attend a Practice Your Pitch and Cash Flow Challenge session in the lead up to a compulsory pitch to our panel. All applicants will hear back as to whether they have been successful before the panel date, and any unsuccessful applicants will receive written feedback.
Anyone can benefit from our Build It funding and we assess each application on its merits. Applications that can show how the funding will allow them to increase the tangible social impact of the enterprise and create real benefits for individual, communities and/or the environment during the period of the funding award are more likely to succeed.
Check out our case studies for examples of enterprises that we have supported.
The next Build It deadlines coming up in 2020 are:
29 January 2020 – Compulsory pitch date 26 March
9 April 2020 – Compulsory pitch date 11 June
13 July 2020 – Compulsory pitch date 01 September
29 September 2020 – Compulsory pitch date 26 November
28 January 2021 – Compulsory pitch date 25 March 2021
Have a question?
Check out our Frequently Asked Questions. If you can’t find the answer you are looking for, get in touch via our Contact Us page, by phone or use our LiveChat feature.