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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.
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: Case Foundation
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Foundation: Ontario Trillium Foundation
"It helped me see that I can help guide, encourage, and... connect with my children to be who they are meant to be in this world." So says one mom of a 9-year-old who's now thriving after...more
Social Entrepreneurship
Spotlight
5 Steps to Social Innovation
While philanthropy, social responsibility and corporate governance all already play a role, we will probably see more powerful contributions when companies embed social innovation into their core business strategies and operations.
