The “Big Potential Fund” is managed by the Social Investment Business and aims to raise awareness of the social investment market and support Voluntary & Community groups and Social Enterprises (VCSEs) who want to prepare themselves for social investment or winning contracts. The level of funding available through the programme depends on the stage an organisation is at, including how much social investment it is aiming to secure.
Breakthrough Grants of between £20,000 and £75,000 are available to organisations at an early investment stage for specialist business support to help raise new repayable investment of up to £500,000.
Advanced Grants of up to £150,000 are available to organisations that are clear about how social investment could work for them for specialist business support to help raise new repayable investment above £500,000 or to help win contracts worth above £1 million.
Please note deadlines have been brought forward (due to high demand for grants):
- The deadline for Breakthrough is midday, 15th September 2017
- The deadline for Advanced is midday, 9th August 2017.