Free one-to-one advice and support to help London businesses face the challenges of COVID-19
The London Growth Hub’s team of business advisers are here to support London businesses through COVID-19 and beyond. Supported by the Mayor of London, the London Growth Hub advisers can help you work out your next steps, create a plan of action and provide a gateway into the vital resources, support and initiatives needed to sustain your business through this challenging period.
Meanwhile, our friends at the Sport & Recreation Alliance has provided some very useful information on the support available from the Government. Please click here to view.
The London Community Foundation has also launched the London Communities Coronavirus Appeal, which aims to mobilise essential funds to the Capital’s grassroots charities and community groups.
The Charity Excellence Framework
A free, online toolkit to increase impact and funding, & Covid-19 Funder database - click here for more.
Self Employed compensation scheme
If you're self-employed or a member of a partnership and have been adversely affected by coronavirus (COVID-19) you may be able to use this scheme to claim a grant.
The scheme applies to self employed people who had an income of less than £50,000 in 2018/19 and their self employed income was more than 50% of their total income.
GLA help for charities
Details of City Hall specific funding for charities is set out here:
Finally, there has been a central government announcement on supporting charities, which seems to involve a large grant being given to the National Lottery Community Fund – so perhaps that might be another source of funding to consider:
Plus this announcement may be useful:
A number of Community Foundations and other organisations have launched funding programmes to assist local organisations in responding to the challenges of the Coronavirus Pandemic.
Find out what financial support you can get for your business - https://www.businesssupport.gov.uk/coronavirus-business-support/
The money will help our partners, clubs and community organisations cope with the short and long-term impact of the pandemic - https://www.sportengland.org/news/195-million-package-help-sport-and-physical-activity-through-coronavirus
This Fund is to help smaller charitable organisations in the UK affected by the impact of Covid-19. Grants of up to £10,000 are available - https://www.cafonline.org/charities/grantmaking/caf-coronavirus-emergency-fund?utm_source=Twitter&utm_medium=socialorganic&utm_campaign=GENCAMCVD1920
Hackney Youth Opportunity Fund
Young people have the opportunity to apply for a grant of up to £1,500 to fund a project or activity to support other young people during lockdown. To apply, young people need to be aged 8 – 19 and live, work or study in Hackney.
All they have to do is come up with a great idea that can take place indoors – and if the young people on the Hackney Youth Opportunity Fund Panel like their application they will get the grant!
Free funding support and resources
London Sport provides free funding advice and a number of useful resources on our website to help organisations including dos and don’ts of writing a funding bid, top tips and developing a strong evidence base. In addition, London Sport provide a free Check and Challenge to proofread a final application. See our funding portal.
London's funders have been responsive and agile to help the sector
Specialist Advisor for Funding Mel Antao looks at how funders are adapting their methods during the covid-19 outbreak and delves into the support available for grassroots physical activity and sport organisations in the capital. Read her blog.
Coronavirus Business Interruption Loan
The temporary Coronavirus Business Interruption Loan Scheme supports SMEs with access to loans, overdrafts, invoice finance and asset finance of up to £5 million and for up to six years. Rolling deadline. More here.
National Lottery Awards for All England
This programme now focuses on funding projects and organisations helping communities through the covid-19 pandemic. They are looking to award funding of £300-£10,000 to cover six months of expenditure. They are asking organisations not looking for covid-19 related funding to not to submit an application. Rolling deadline.
Mayor of London launches Pay It Forward for businesses
Working with Crowdfunder UK the London Growth Hub is supporting businesses to raise funds and help them manage cashflow during the coronavirus crisis. Read more.
Social Investment Business partners with Power to Change
From Spring 2020, Social Investment Business (SIB) will become Power to Change’s grant administrator for the Community Business Fund, Homes in Community Hands, Empowering Places, M&S Community Business Challenge and Sandbox Ideas programmes and for Research and Market Development grants.
EUROPEAN SOCIAL FUND
This programme will support Londoners with complex needs to gain skills and find (or remain in) work, education or training. These are Londoners who already face disadvantage, and who are likely to be further disadvantaged by the impact of COVID-19 on London’s economy. Click here for more information.
DIRECTORY OF SOCIAL CHANGE
This regularly updated resource is updated with COVID-19 funding initiatives and other programmes. Click here to find out more.
OTHER WAYS TO GENERATE FUNDING
If you would like to let us know about a funding stream please email Development@LondonFA.com