GovWire

The Social Enterprise Boost Fund is an up to 4.1m package of funding to kick start and accelerate social enterprise activity in six disadvantaged areas of England. This is being delivered through a combination of capacity building and onward grants to support local social entrepreneurs. The capacity building support includes business support, training, networking, one-to-one support and peer learning.

Up to 1.45 million of this government funding is being delivered as onward grants of up to 10,000 for entrepreneurs to kickstart or grow their social enterprises.

The Social Enterprise Boost Fund is being delivered in:

• County Durham
• Sandwell
• South Tyneside
• Sunderland
• Thanet
• Wolverhampton

To find out more about support available in your local area please visit the relevant local delivery partners website below:

• for County Durham, please contact North East BIC
• for Sandwell and Wolverhampton, please contact iSE or visit their dedicated Social Enterprise Boost Fund West Midlands page
• for South Tyneside and Sunderland, please contact First Port for Social Entrepreneurs
• for Thanet, please contact Social Enterprise Kent

The Social Enterprise Boost Fund commenced in early 2023 and will run until March 2025.

Objectives

The objectives of the Boost Fund are, by March 2025, to:

• grow the social enterprise sector in targeted areas, by supporting the creation of new social enterprises and boosting early stage organisations
• enable targeted high-deprivation local authorities and the local voluntary and community sector in these places to implement sustainable systems and processes that encourage social enterprise growth
• build and disseminate evidence on:
  • scalable and sustainable place-based interventions that work in growing the social enterprise sector in disadvantaged areas
  • the extent to which and how social enterprises support communities and economies in disadvantaged areas