The Social Enterprise Investment Fund (SEIF) is offering capital grants of £50,000 to £450,000 to social enterprises delivering services in health or social care in England. To be eligible organisations must demonstrate that they have been unable to secure investment from a commercial bank.
Grants are available to purchase “tangible resources such as buildings, vehicles or equipment [that] will help to grow and improve service delivery”. They can also be used to pay for land, IT equipment, renovations, and some fees relating to capital projects including solicitors, architects and surveyors.
The funding must be spent before 31 March 2011.
The closing date for application is 1 November 2010.
The SEIF is managed on behalf of the Department of Health by the Social Investment Business, together with Local Partnerships.
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