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Enterprise Support

The Forward Trust

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Summary
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Rolling deadline
£150,000
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Individuals
Not for profit (incl. NGOs)
England
Education, Skills Building and Training Employment
Overview

The Forward Enterprise Fund is £2 million social investment fund that supports charities and social enterprises run by, or creating employment opportunities for, ex-offenders and people in recovery from addiction.

The Fund provides access to unsecured loans between £25,000 – £150,000 for revenue and/or capital projects (typical interest rate 7.5%) for up to a five year term.

Eligible organisations will also have access to grants to pay for up to ten days of pre-investment business support. Organisations who receive investment will also be able to apply for post-investment business support.

Individuals or start-up enterprises with a bright idea can also access Crowdfunder support with match-funding available from The Forward Trust.

Deadline: Continuous rolling programme until Fund is spent.

Eligibility

Who we help

We can help you if you live in England and are:

An ex-offender; or In recovery from addiction; or Unemployed or not in education, employment or training; or Facing other challenges or barriers to starting your own business

How we help

You’ll be assigned an Enterprise Coach and where appropriate, a Business Mentor who will guide you through every step of your journey. Our service is primarily delivered through face-to-face contact but we are able to support you remotely as well.

Our support includes:

  • Information, advice and guidance for starting up during and post-Covid; developing the right mind set; how to develop your business; business planning; applying for funding; and getting ready to launch; and tax issues
  • Help applying for funding
  • Access to our partners for networking and additional business support
  • Access to our workshops and masterclasses, in conjunction with our corporate partners including Deloitte
  • Funding via our Forward Enterprise Micro-Grant (subject to availability of funds)
  • Structured informal and accredited Enterprise Training
  • Access to our bank of online resources including business plan templates, pre-recorded sessions, vlogs, inspirational webinars and much more

If there’s something else you would like our help with but aren’t sure whether it’s covered, just drop us a line and we’ll let you know whether we can help.

Please note: If you’re looking for support via The Forward Enterprise Fund or Crowdfunding, the fund has now closed and we are no longer accepting applications via the Crowdfunding scheme.

Learn more or apply
All information about this funding has been collected from and belongs to the funding organization
20 April 2023