Guidelines
To qualify for a SGUK GCT Fund grant, groups:
• Must be a new or existing social/community enterprise
• Must have an average income of no more than £10,000 a year for the last three
years
• Must be connected with and meeting the needs of the local community
• Must have a social, community or ethical purpose
• Must have a legal status appropriate to not-for-personal-profit
• Must have a business plan – this can be a simple draft plan
• Must be located in and providing services to the City of London, Hackney),
Newham and Tower Hamlets
The focus of the fund is to give grants to groups that can deliver on economic outputs or who are looking at developing non-grant income by trading, selling services and other forms of social enterprise activity.
We prefer to support groups and projects that are run for local people, by local people, working to tackle any kind of disadvantage suffered by individuals or groups.
What kind of activities can the SGUK GCT Fund support?
Grants can be used to support costs involved in setting up and operating a social or community enterprise.
Examples of the sort of projects that can be funded are:
• The purchase of equipment, like a computer
• Staff costs to enable employment of individuals
• Overhead costs (i.e. rent, utilities, marketing materials, training, professional fees, etc)
• Contribution to rent
• Training for volunteers
• Additional activities to expand an existing funded project
• To achieve a quality or other standard relevant to your activities
• Start-up costs
• Running costs
• Meeting an identified need in the community
These are just examples.
You should consider all the costs involved in the delivery of your activity.
Your budget should reflect the full costs to your group, including the direct costs of the activity and all the overhead costs associated with running it such as rent, electricity and telephones.
SGUK GCT Fund cannot support:
• Projects that have already taken place or for retrospective funding
• Projects that would normally be funded from statutory sources e.g. Social Service, Central Government, Local Education Authority
• Projects that have no community or charitable element
• Projects that do not generate income
• Projects that are purely for the advancement of religion or politics
• Projects where the main beneficiaries are animals
• Major or general fundraising appeals
• Individuals
• National charities
We do not usually support groups that have unrestricted free reserves that are equivalent to more than 12 months running costs.
How much money can you apply for?
Grants of up to £2,000 are available.
Click here to find out how to apply.
