NET launches £1.2m fund for community & voluntary organisations
The National Emergencies Trust (NET) today launches a £1.2million Local Action Fund with Crowdfunder UK to support community and voluntary organisations in countering the financial impacts of the pandemic.
Organisations can receive up to £10,000 each in match funding from the NET’s Coronavirus Appeal, which has raised more than £98m since it launched in March 2020. Over £93m of this has already been distributed to more than 13,500 charities and groups across the UK supporting people affected by the pandemic. By matching remaining Appeal funds on Crowdfunder, the Local Action Fund aims to reach more small organisations.
The Local Action Fund aims to provide financial help, while opening new avenues of income for those who may not have tried crowdfunding before. Eligible charities and groups will be able to use the funding in any way that enables their efforts, from covering core costs to launching new local services.
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The National Emergencies Trust also hopes the partnership with Crowdfunder will reach small and micro organisations that have not yet accessed funding from its Coronavirus Appeal, either due to lack of awareness or not having the resources to apply for funding.
Applications open today, 22 September, and close on 22 October 2021. If eligible, successful organisations will be required to set up a crowdfunding campaign with an aim to raise money to either launch new local initiatives or to enable them to continue existing services. The National Emergencies Trust will match donations, pound for pound, up to a total of £10,000.
Mhairi Sharp, CEO of the National Emergencies Trust said:
Rob Love, Co-founder and CEO of Crowdfunder, said:
Eligible organisations include registered charities, community interest companies, constituted organisations and non-registered charities, churches and other religious organisations, and other voluntary community organisations deemed appropriate by Crowdfunder.
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