Firstport - Social Entrepreneurs - Build It
Summary
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.
Premium information is available exclusively to SCVO members and supporters
Geographical areas funded: Scotland
Fund type
- Type of funding:
- Grant
- Type of cost:
- Capital, Revenue
Fund award sizes
- Maximum:
- 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
The next deadline is 12 noon on 28 September 2023, with pitching panels on 20 and 21 November 2023.
Next deadline: 28 Sep 2023
How to apply
The application form and guidance can be found on the Firstport 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.
Exclusions
Activites funded: Community development & regeneration General charitable activities
Beneficiaries funded: Local communities Voluntary sector organisations
Last reviewed 3 months ago
Firstport
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Charity registered in Scotland SC037942
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7 Montgomery Street Lane, Edinburgh, EH7 5JT
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