Support for charities and sports clubs including loan schemes
28th January 2021
Open to mutual aid and support groups and including any local organisation offering any support to anyone affected by the virus.
Community Support Grants are available for voluntary organisations and informal groups of volunteers supporting the community during the pandemic. Expenditure must benefit residents of the Batchworth Community Council area.
It is for voluntary organisations and informal groups of volunteers supporting the community during the pandemic. Expenditure must benefit residents of the Watford Rural Parish Council area.
It is for community groups and charities (not individuals or companies). Expenditure must benefit residents of the Abbots Langley Parish Council area.
Up to £5,000 per grant available. To support local charities and community groups through the COVID-19 crisis to meet the needs of their existing service users, ensure the resumption of their normal activities, and support new projects that help those in isolation.
Up to £5,000 per grant available. Priority for funding to small organisations providing services and support to older and vulnerable people of all ages in the County as well as those with low and insecure incomes.
Grants of up to £10,000 to eligible charities, providing front line community services, with less than 6 months’ of free reserves. This funding can be used to support their core operating costs.
The fund is designed to support charities caring for the homeless during the coronavirus outbreak and ensure help gets to those who need it most. Grants of up to £10,000 available.
Grants available between £300 - £10,000. For the next six months, applications from voluntary and community groups that need help to respond to Covid-19 will be prioritised: organisations supporting people who are at high risk from Covid-19, supporting communities most likely to face increased demand and challenges as a direct result of measures to prevent the result of Covid-19, organisations with high potential to support communities with the direct and indirect impact of Covid-19.
Energy Saving Trust has been appointed by Ofgem to distribute payments from energy companies who may have breached rules. Registered charities can apply for funds to deliver energy related projects that meet the scheme priorities and benefit people in England Scotland and Wales.
Support for sports clubs
The Herts Sport Partnership produces a regular newsletter which contains information on the latest funding streams, including those specific to supporting sports clubs and organisations impacted due to the coronavirus pandemic.
Loan schemes for businesses and charities
The scheme helps small and medium-sized businesses to borrow between £2,000 and up to 25% of their turnover. The maximum loan available is £50,000. The government guarantees 100% of the loan and there won’t be any fees or interest to pay for the first 12 months. After 12 months the interest rate will be 2.5% a year.
For small businesses across the UK that are losing revenue and seeing their cash flow disrupted as a result of the COVID-19 outbreak. They must have an annual turnover of up to £45m and have a viable borrowing proposal. Loans up to £5m.
For large businesses across the UK that are losing revenue and seeing their cash flow disrupted as a result of the COVID-19 outbreak. Values of maximum loans vary depending on maximum turnover: Up to £25m with a turnover from £45m up to £250m or up to £50m with a turnover of over £250m.
The Herts LEP SME Growth Loan Scheme is available within Hertfordshire to established SME businesses requiring finance to implement expansion activities that will deliver substantial growth. Loans available between £200,000 and £500,000 for up to 5 years. Businesses must be an established SME and have its material part of its operation based in Hertfordshire.