Third Sector Resilience Fund Now Open

The Third Sector Resilience Fund (TSRF) is now open for charities, community groups, social enterprises and voluntary organisations working in Scotland.

The fund has £20m to support third sector organisations already delivering services and products who find themselves adversely affected as a result of the current coronavirus pandemic. The main aim of the fund is to assist these organisations with their cash flow.

The Fund will be delivered by Firstport, Social Investment Scotland and the Corra Foundation and will provide grants of £5,000 – £100,000. There will also be up to a further £5m available in fully flexible, 0% interest loans starting at £50,000.

To qualify for support the third sector organisation should be:

• a charity, social enterprise or voluntary organisation based in Scotland and/or primarily delivering services/activities in Scottish communities and

• already delivering those products or services prior to March 2020 and

• needing funding to stabilise their cashflow directly as a result of the impact of COVID-19

For more information and details of how to apply please see the SCVO website:-

https://scvo.org/support/coronavirus/funding/for-organisations/third-sector-resilience-fund

Photo by Erik Mclean on Unsplash

The information in this blog provides only an overview of HMRC guidance and legislation in force at the date of publication and no action should be taken without consulting the detailed HMRC guidance and legislation or seeking professional advice.  Therefore no responsibility for loss occasioned by any person acting or refraining from action as a result of the material contained in this blog can be accepted by the firm.