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Funding: Santander Social Enterprise Development Awards

February 3, 2012 - 5:00pm


Website
http://www.santanderseda.co.uk/

The Social Enterprise Development Awards are provided by the Santander Foundation and administered by the London Community Foundation. The awards are given to support social enterprises in Greater London to grow and develop their work which will further improve their local community. Projects should address one of the following areas: improving social inclusion; supporting training, skills and employment; and creating a greener environment. Three levels of award are available: £50,000 to social enterprises with a turnover of £250,000 - £500,000; £30,000 to social enterprises with a turnover of £100,000 - £250,000; £15,000 to social enterprises with a turnover of less than £100,000. In addition to the cash prize, the winning social enterprises will also be provided with the following support opportunities: monitoring and evaluation support to measure business success; access to bespoke university training courses; the opportunity to have a three-month intern working in the business to help implement growth plans; networking with other award winners; the chance to showcase the business and community support provided by hosting a Development Award visit; and access to business and mentoring advice. To be eligible, applicants must be a social enterprise or community interest company, be based within a London borough, must have been trading for two years, have a turnover of less than £500,000, and generate at least 26% of their income from trading activities. Match funding is not a requirement. The deadline for applications is 3rd February 2012 (5pm).