# SE-Assist launches second funding round in Wales

- Link: https://fundraising.co.uk/2017/05/04/se-assist-launches-second-funding-round-wales/
- Published: 2017-05-04T09:45:05+01:00
- Author: Melanie May

**The Social Enterprise Assist Fund (SE-Assist) is seeking applications after launching
a second round of investment in Wales.**

Funded by Legal & General and managed by [CAF Venturesome](https://www.cafonline.org/about-us/caf-venturesome),
[SE-Assist](https://se-assist.co.uk/wales/) offers interest free loans ranging from
£10,000 to £30,000, business mentoring and expert advisory services to early stage
social enterprises in Wales. It was created in partnership with the Welsh Government,
Wales Co-Operative Centre, [Business in the Community Wales](http://www.bitc.org.uk/wales)
and the Institute of Directors Wales.

SE-Assist first piloted in Brighton & Hove in 2012. Last year, the SE-Assist scheme
offered support to six social businesses across Wales including [Elite Paper Solutions](http://www.elitepapersolutions.co.uk/)(
main image), [Book Of You](http://www.bookofyou.co.uk/), and The Llanhilleth Miners
Institute. This brought the total investment offered so far by the Fund to over 
£500,000 in interest free loans to 21 social enterprises.

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Holly Piper, head of CAF Venturesome, said:

> “We are thrilled to be re-opening SE-Assist for a second round of investment in
> Wales to help early stage social enterprises. Successful applicants will combine
> community benefit with a sustainable business model that will impact the lives
> of local people for many years.”

Applications to the SE-Assist Fund can be made via the [SE-Assist site](https://se-assist.co.uk/wales/),
with a closing date of 31^(st) May.

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