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Social Entrepreneurs Fund – Boost It

Boost It is a new fund to help social enterprises that have been trading for up to three years to strengthen their businesses so they can successfully sustain trading.

Who for?

Social enterprises wanting to sustain trading

What do I get?

Up to £50,000 as a repayable grant

Where do I apply?

Apply now!
Next deadline is 3rd November at noon.

Apply now

Funding Details

What is funding for?

Boost It is a fund to help social enterprises that have been trading for up to three years to strengthen their businesses so they can successfully sustain trading. It can also help social enterprises at the start-up stage if they need an injection of capital to be able to get their idea started.

You can apply for any amount between £30-50K as a repayable grant. Some examples of what you can use the funding for include: buying stock of your product, purchasing equipment or investing in digital infrastructure, staff wages, amongst others.


Who can apply?

Boost it is the right fund for you if you:

  • Have a social enterprise idea and want to get it off the ground, but need an injection of capital to get started. You must have a legal structure already in place.
  • Your social enterprise has been trading for up to three years but needs further support to increase your trading activity and become sustainable.

Your social enterprise must have a strong business model and have identified (or already undertaking) income-generating activities.

You must also meet our eligibility criteria, which can be downloaded and read in full in the Downloads section at the bottom of this page.


When do I repay my grant?

After year one, and only once your enterprise starts making a surplus, the repayments kick in.  You will repay a small proportion of your profits (agreed on receipt of award) over three years.


How do we assess the application?

Following the application deadline on 3rd November, we will assess all applications against our criteria and the strongest applications will be shortlisted.

If you are shortlisted, you will be expected to attend a Practice Your Pitch session in the lead up to a compulsory pitch to our panel on Thursday 4 February.  All applicants will hear back as to whether they have been successful before the panel date, and any unsuccessful applicants will receive written feedback. 


Funding Priorities

Boost It focuses on supporting ambitious ideas particularly those tackling the Climate Emergency- circular economy, carbon reduction, etc. Boost it is awarded twice per year.


Have any questions?

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.

Downloads

  • Boost It Guidance

    Please have a read of our Guidance Document before submitting an application.

    DOWNLOAD
  • Cashflow template - Boost It

    DOWNLOAD
  • Boost It Word drafting document

    Please use this document to prepare your answers, before submitting your application online.

    DOWNLOAD

Success stories