Somerset Social Enterprise Fund

The Somerset Social Enterprise Fund (SSEF) has been established with initial funding from Somerset County Council  to provide loan finance to support new and established social enterprises.                                                                                                                

Whilst the SSEF is primarily a loan fund, there is scope for an element of grant funding.

 The SSEF is intended to:

A key attribute of the SSEF will be that loan repayments and interest will be ‘recycled’ into further loans and, thus, the fund will be self-sustaining.

Features of the SSEF include:

Each loan will be made subject to general and specific terms and conditions.

Each loan will be subject to a 1% fee, that may be added to the loan and which contributes to costs incurred in establishing and maintaining the SSEF. 

Click here to find out if your organisation is eligible;

Click here to find out how to apply; and/or

Click here to download a full Somerset Social Enterprise Fund information pack.

If you would like further information, please contact Justin Sargent, Chief Executive, on justin.sargent@somersetcf.org.uk

 

 


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