To support charities and social enterprises working in either the homelessness or the youth sector. It is for organisations that are thinking of exploring new models of trading to help them become more financially resilient. For organisations to develop or grow their enterprising activity, earned income and financial resilience. For organisations that require financial or business support to make the transition.
There are Feasibility Grants of £5,000–10,000 and Development Grants of around £50,000.
The grants programme is open on a rolling basis. The Social Investment Business Group, which is administering the programme expects it will be open for applications until June 2019. The exact date will depend on levels of demand for grants. They will update the guidance notes when they have set a final application date. They will aim to give as much notice of of the final application date as possible.