Social Enterprise Boost Fund: Local areas of deliveryFund

Local

The Social Enterprise Boost Fund is an up to £4.1m package of funding to kick start and accelerate social enterprise activity in six disadvantaged areas of delivery

Up to £1.45 million of this government funding is being delivered as onward grants of up to £10,000 for entrepreneurs to kickstart or grow their social enterprises.

The Social Enterprise Boost Fund willis bebeing delivered in:

• County Durham
• Sandwell
• South Tyneside
• Sunderland
• Thanet
• Wolverhampton

Capacity-buildingTo supportfind andout grantsmore ofabout upsupport to £10,000 will be made available toin start-upyour sociallocal enterprisesarea or entrepreneurs who have been registered for less than 5 years.

For more information, please contactvisit the Localrelevant Deliverylocal Partnerdelivery forpartner’s yourwebsite area:below:

• for County Durham, please contact North East BIC
• for Sandwell and Wolverhampton, please contact iSE or visit their dedicated Social Enterprise Boost Fund West Midlands page
• for South Tyneside and Sunderland, please contact First Port for Social Entrepreneurs
• for Thanet, please contact Social Enterprise Kent

The Social Enterprise Boost Fund commenced in early 2023 and will run until March 2025.

Objectives

The objectives of the SEBFBoost Fund are, by March 2025, to:

• grow the social enterprise sector in targeted areas, by supporting the creation of new social enterprises and boosting early stage organisations
• enable targeted high-deprivation local authorities and the local voluntary and community sector in these places to implement sustainable systems and processes that encourage social enterprise growth
• build and disseminate evidence on:
  • scalable and sustainable place-based interventions that work in growing the social enterprise sector in disadvantaged areas
  • the extent to which and how social enterprises support communities and economies in disadvantaged areas