Funding Available to Help with the Impact of COVID-19

Aug 17, 2020 | Finance Posts

Since the 14th August there has been updated information to the funding being made available to help with the impact of COVID-19.

This is focused mainly on those organisations helping young people and the impact the pandemic has had on local communities.

Some of the updates have included:

Arts Council England

Announced that its new Culture Recovery Fund has opened for applications.

The fund will make grants of between £50,000 to £3 million available.

This is to cultural organisations that were financially stable before Covid-19, but are now at imminent risk of failure.

Organisations that can apply include:

  • Cultural organisations (both profit and not for profit)
  • Local authorities; universities and public sector bodies based in England.

The closing date for applications for round one is 12 midday on the 21st August 2020 and for round two 12 midday on the 4th September 2020.

Postcode Neighbourhood Trust

Have re-opened their applications until the 19th August 2020.

The Trust aims to provide funding in Great Britain to organisations affected by the COVID-19 pandemic.

Local community organisations and grassroot groups can apply for awards from £500 up to £20,000.

Both core funding and project funding will be available.

The funding will help organisations increase resilience by adapting or expanding their services, or to meet new challenges brought on by the COVID-19 pandemic.

Up to £4 million will be available.

Local Homelessness Organisations

For emergency financial assistance, local homelessness organisations can apply for grants of up to £100,000 to the COVID-19 Homelessness Response Fund.

A total funding pot of £5.5 million is available.

The funding aims to provide emergency financial assistance to local homelessness organisations to help with preventing closure and service cuts or staff redundancies.

It will also support organisations that have needed to expand or adapt their services in light of COVID-19 to support people experiencing homelessness safely and effectively.

The funding is available to organisations with a turnover of less than £5 million per year.

The deadline to apply to the Comic Relief funding stream is the 14th September 2020 for decisions made in mid-October.

UK Based Organisations Led by People that Identify as Black or Mixed with Black – For actions that have a positive impact on deprived communities

Grants of between £1,000 and £3,000 are available.

This is for services to people that have been adversely affected by the COVID crisis in terms of physical health, mental health and/or financially.

The funding is being made available by Do it Now Now’s Common Call Covid Fund.

It is specifically aimed at supporting Black-led social enterprises and charities so that they are able to survive and even thrive in the COVID period.

This is a flexible fund that can be spent on anything that will help organisations best deliver impact to their beneficiaries.

The Ministry of Housing, Communities and Local Government

Have launched a new £20 million fund to help smaller businesses in England recover from the effects of the coronavirus pandemic.

mall and medium sized businesses will have access to grants of between £1,000 – £5,000.

This is to help them access new technology and other equipment as well as professional, legal, financial or other advice to help them get back on track.

The support will be fully funded by the government from the England European Regional Development Fund and distributed through Growth Hubs, embedded in local areas across England.

The National Lottery Community Fund

The National Lottery Community Fund together with the Global Fund for Children have launched a new £1.4 million fund.

The Phoenix Fund, which is now open for applications, will provide grants of up to £20,0000.

This will be specifically for Black, Asian, and Minority Ethnic charities and groups in England.

Those that are working in the heart of their communities, providing essential and emergency services, support, and education tailored to the BAME community.

In particular, those communities affected by Covid-19.

Phoenix Fund grant winners will receive flexible, core funding to meet critical needs and continue their organisations’ objectives.

There will be four funding rounds in 2020. The closing date for round 1 is the 21st August 2020.

Social Enterprises Affected by the Coronavirus Pandemic

Grants of between £10,000 and £300,000 will be available.

To be eligible for support, social enterprises must have been incorporated for at least a year and most of their beneficiaries need to be in England.

In addition, the social enterprise’s annual income must have been between £25,000 and £1.5 million before COVID-19, and financially stable.

The funding is being made available through Round 2 of the Social Enterprise Support Fund which is being delivered by five social enterprise support agencies and made possible thanks to The National Lottery Community Fund.

The closing date for applications is 1pm on the 20th August 2020. There will be two further funding rounds during the summer.