Social Entrepreneurs Fund

Funding Now Open

 

The Social Entrepreneurs Fund is back! This is great news if you are thinking about or already in the process of starting a social enterprise in Scotland. SEF has different funds depending on the stage you are at and how developed (or not) your idea is. Read on and find out more about the different funds you can apply to and which one is the right for you.

The Basics

So, what is SEF and who is it for? The Social Entrepreneurs Fund (or SEF) is a Scottish Government-funded programme that supports individuals in Scotland to test, start, and grow social enterprise ideas. It runs five different funds, three of which have now re-opened:

  • Pounds for Purpose (PfP) – This fund is for individuals aged 16-26 with an idea to create positive change in the world around them. £500 awards are available to put ideas into action. PfP is an ongoing programme with no deadlines and quick turnaround times.
  • Start It– SEF’s flagship programme, it supports individuals with a business idea and in need of support and funding to get it off the ground. Individuals can apply for up to £5,000 towards the start-up costs of their social enterprise idea. Start It is an ongoing programme with no deadlines, and the turnaround time is 12 weeks approx.
  • Build It– Build It is for individuals whose social enterprises are already up and running (for up to 2 years approx.) and can demonstrate a track record of both generating income and social impact. Build it covers living costs, allowing entrepreneurs to dedicate themselves fully to making their idea a success. There are four open calls every year and the next deadline is on Tuesday 29 September.

See more on the website