Communitybuilders £70m Investment Fund
October 2009

The fund is designed to help empower citizens and communities by strengthening multi-purpose community-led organisations through a mixture of financial and advisory support.

Development package consisting of bespoke business support based on an initial needs assessment and leadership grants of £2,000 for staff development and training.

Feasibility package consisting of further business support of up to 5 days and grants of up to £20,000 to use towards project development of a growth plan. Grants of up to £75,000 and 30 days of support will be available for larger projects.

Investment packages consisting primarily of loans between £50,000 and £2,000,000 offered at 5% for an initial three year period of a ten year loan term.

Organisations can find more, including investment packages and full associated eligibility criteria, and register their interest at www.communitybuildersfund.org.uk or by calling 0191 261 5200.

Alternatively, contact Zahida Saddiq at KVA on 020 8255 3335.