Deadline: 06-Jul-21
The Enterprise Development Programme is seeking applications for Black and Minoritised Communities.
The Enterprise Development Programme takes a collaborative and participatory approach in programme design.
Organisations apply onto the programme and, if accepted, work alongside the relevant sector-lead to outline a package of support that best fits with their specific needs.
They recognise that every organisation is different. As a partnership, they believe that each programme participant – with input and guidance from their sector-lead – is best placed to know what support you need.
Co-designed packages of support will likely include some of or all of the following:
- Access to a bespoke learning package co-designed by you and your sector-lead,
- The opportunity to apply for either a feasibility or development grant to put your learning into action (note that grants will likely be capped at £30,000 and may be subject to agreed milestones or evidence of growing income sources)
- Extensive peer-learning and networking opportunities,
- Access to a team of pro bono legal experts to act as a sounding board and guide you through the legal considerations of trading
- Invitations to conferences on enterprise development and social investment within the wider charitable sector.
Funding Information
- Grants will likely be capped at £30,000 and may be subject to agreed milestones or evidence of growing income sources.
Eligibility Criteria
- Legally constituted charity, voluntary sector organisation, or social enterprise
- All organisations applying to the progamme must also be able to demonstrate that they are an eligible charity or social enterprise. This means that organisations need to:
- Have a clear social mission
- Distribute less than 50% of post-tax profits and reinvest at least 51% of surpluses into pursuing their social mission, and
- Have a constitutional or contractual lock on their social mission, dividend and surplus distribution policy (also known as an Asset Lock).
- You are a registered Black and Minoritised community led,[1]charity, CIC, or a company limited by guarantee who invests any surplus for social purpose to support work with Black and minoritised communities
- Has been operating as a registered company / charity for at least 2 years
- Can evidence current trading activities, which require support / development, or
- Commitment from senior management and the Board to pilot / test a coherent trading idea
- You can demonstrate evidence of trading or are actively looking to diversify and grow income through trading.
- You have the staff capacity and support of the board of trustees to engage fully with the programme.
- You can commit to playing an active part in contributing to the shared learning within the enterprise movement network.
- Your beneficiaries are from one of the following regions: Humber and Yorkshire, London, the Midlands, the North West or South West of England.
For more information, visit https://www.enterprisedevelopmentprogramme.org.uk/bmedp/
