The Big Lottery Fund has announced that due to unprecedented levels of demand for funding through the Big Potential grants programme, the application deadlines have been moved forward.
Big Potential provides grants to charities and social enterprises who want to prepare themselves for social investment and need help in winning contracts. Charities and social enterprises based in England who are new to the idea of social investment can apply for grants of between £20,000 – £150,000 to enable them to work with approved providers to improve sustainability, capacity and scale in order to deliver greater social impact. Two routes are available:
- Breakthrough is aimed at Charities with the ambition and potential to raise up to £500,000 of repayable investment. The application deadline for this route is now midday, Friday 15th September 2017.
- Advanced aims to support Charities with the ambition and potential to raise over £500,000 and/or win a contract of over £1 million. The deadline for this route is now midday, Wednesday 9th August 2017.