# Lloyds Bank Foundation launches £7.4 million COVID-19 grants programme for small & local charities

- Link: https://fundraising.co.uk/2020/07/29/lloyds-bank-foundation-launches-7-4-million-covid-19-grants-programme-for-small-local-charities/
- Published: 2020-07-29T11:13:10+01:00
- Author: Melanie May

**Lloyds Bank Foundation for England and Wales will open new Covid-19 funding on
3 August, with £7.4million available for small and local charities.**

 

 

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The funding aims to support small and local charities in recovering beyond the immediate
crisis. The [COVID Recovery Fund](https://www.lloydsbankfoundation.org.uk/) will
offer 140 charities a two-year unrestricted grant of £50,000 alongside the support
of a Development Partner to help charities identify and act on any organisational
and service delivery adaptations needed to recover from the pandemic and its aftermath.
At least a quarter of the funding will be allocated to charities led by and for 
Black, Asian and Minority Ethnic communities**.**

 

 

 

The funding is open to charities with an income between £25,000 and £1 million across
England and Wales tackling complex social issues such as mental health, homelessness
and domestic abuse and with a proven track record of helping people achieve positive
change in their local communities.

 

 

 

Paul Streets OBE, Chief Executive, Lloyds Bank Foundation said:

 

 

 

> “These last few months have been immensely trying for the voluntary sector, yet,
> small and local charities are continuing to help the people that need them most.
> They have been developing innovative ways of reaching people, adapting their service
> delivery models, forming strong partnerships with local agencies to coordinate
> support and so much more.
> “Covid-19 has also shone a light on the historic and structural inequalities of
> Black, Asian and Minority Ethnic communities. As a funder, we have a responsibility
> to respond to the needs of minoritised people by supporting the charities that
> know and understand them best. That is why we are ringfencing at least a quarter
> of our funding for Black, Asian and Minority Ethnic led charities who are helping
> communities.”

 

 

 

Applications for the COVID Recovery Fund will be open from 10am on 3 August 2020
until 5pm 11 September 2020. Grants will be awarded within the end of the year. 
A Q&A webinar with the members of the grants team will be held on 11 August between
2pm – 3.30pm and applicants can register [here](https://www.eventbrite.co.uk/e/lloyds-bank-foundation-covid-recover-grant-webinar-and-qna-tickets-114108439414).

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