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During the COVID 19 pandemic, Scotland's third sector was a "critical community lifeline," says Chris Jamieson, head of investments at Social Investment Scotland, but "the end of lockdown hasn't necessarily meant an instant return to normality for them, particularly when it comes to income generation."
That's why the country is offering social enterprises and charities up to $1.6 million in loans to help them get back on their feet, the Guardian reports.
The fund, set up in October 2021, is open to "purpose-driven" organizations that were " hardest hit" during the pandemic, per Jamieson.
Interested parties can start looking now, with low interest rates, no fees, and no repayments for the first year and five years. Read the Entire Article
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
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Foundation: Gates Foundation
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A Joplin, Mo., high school's science program is going to be able to keep going thanks to a $5,000 grant from the American Water Charitable Foundation. The money will be used to fund future...more
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Illinois American Waterthe largest regulated water and wastewater utility in the USis making a splash in its home state with a $200,000 donation to help clean up the Ohio River. The utility has...more
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Social Entrepreneurship
Spotlight
Partnerships in Social Enterprises Can Increase Social Impact
Chief executive of HCT, Dai Powell, shares the experiences and practical lessons he learned along the way when teaming up with Ealing Community Transport to deliver site transport during the Olympic Park construction.
