Key Fund - Midlands and the North of England

About this grant

Grants and loans for social enterprises in the North and the Midlands. Social Enterprises can get grants and loans to help increase their community, economic and environmental impact, such as: restoring a derelict building buying equipment meeting start-up costs

Eligibility requirements

All of the following criteria must be met:

• The organisation must be based in the North of England or the Midlands.
• The organisation must be a business or social enterprise, or intend to become a legally registered company.
• The organisation must have a clear social mission at its core.
• The organisation must have been unable to secure funding from a mainstream bank.
• The organisation should primarily work with disadvantaged individuals, deprived communities, or within the cultural sector.
• The organisation should sell, or intend to sell, products or services.
• For some funds, organisations must have clear social aims and objectives and operate on a not-for-private-profit, asset-locked, or profit-restricted basis.

What the funding covers

• restoring a derelict building
• buying equipment
• meeting start-up costs

How to apply

1. 1Complete the initial enquiry form with details about your organisation and the estimated funding required.
2. 2If eligible, receive a link to the full funding application form.
3. 3Complete the full funding application and submit supporting documents such as a business plan and cash flow forecast.
4. 4Have the application reviewed by Key Fund.
5. 5Work with an assigned Investment Manager who may request additional information or arrange a meeting.
6. 6The Investment Manager presents the application to the Investment Panel.
7. 7Await the funding decision made by the Investment Panel.
8. 8If successful, review and sign the offer documentation and complete the funding setup process.

Application tips