SCF appointed Access Point to Reach Fund
Somerset Community Foundation is proud to announce that it has been selected as an Access Point for the Reach Fund, a new initiative to support charities and social enterprises to access the investment they need to grow and diversify their income streams has launched. The two year, £4m Reach Fund will provide grants to organisations that need specific support to be able to take on a loan, and is designed to test a new model of investment readiness support.
Charities and social enterprises can either express their interest in the Reach Fund directly to SCF, or they might be identifed by the SCF grants team after having applied for a Foundation Grant or to the Somerset Social Enterprise Fund. The organisation will receive support from SCF to identify the work which will result in them being able to secure investment, and SCF will support them with a simple application process to receive a grant of up to £15,000.
To find out more about the Reach Fund, please contact Mary Hancock on 01749 344 949.