Firstport - Social Entrepreneurs - Build It
Build It is for social entrepreneurs who have tried and tested a social enterprise idea and want to turn it into their full-time job. It is for individuals who have already piloted their social enterprise idea, have been trading for about 12 months and have generated income through selling a product or a service. They want to see that you have a business track record and that your idea has generated a positive impact in your community of need.
Funding is available to cover an individual’s salary/living costs for one year, so that they can begin running the business full time.You can apply for up to £20,000 to fund your own salary so that you can concentrate on your enterprise full time. In exceptional circumstances, they will consider funding up to a further £5,000 for additional essential costs, such as hiring other staff.
Geographical areas funded: Scotland
- Type of funding:
- Type of cost:
- Capital, Revenue
Fund award sizes
- Premium information
Notes on award amounts: Premium information
Who can apply
Your enterprise must be up and running and able to provide evidence of income generation and social impact to date and been trading for 2 years or less. Profits from the enterprise must be reinvested in the business and its social aims; no assets or uncapped dividends can be transferred out of the organisation to private individuals or bodies. Your enterprise must be an independent organisation – it is neither a project nor a subsidiary of an existing body. It must aim to provide direct social benefit to individuals, communities and/or the environment.
When to apply
Future deadlines are 12 noon on: 15 July 2021, 30 September 2021.
Next deadline: 15th Jul 2021
How to apply
The application form and guidance can be found on the funder website. Shortlisted applicants will be required to attend in person to pitch. You will also be allocated an appointment to attend a Practice Your Pitch and Cashflow Challenge session in the run up to the panel to help you prepare your presentation.
Last reviewed 11 days ago