PTP and USEMI Awarded Grant from the UnLtd Inclusive Recovery Fund!

We're delighted to have been awarded a grant from the UnLtd Inclusive Recovery Fund!

The Inclusive Recovery Fund was a £4.75 million fund to help social entrepreneurs in England, designed to help social entrepreneurs deliver their important services and grow their impact while adapting to the challenges the Coronavirus crisis has presented. 

The Inclusive Recovery Fund was a partnership between UnLtd, the foundation for social entrepreneurs, and Comic Relief, announced in the autumn as part of a £10 million matched funding bid. It was supported by the Department for Digital, Culture, Media & Sport as part of the Government's £750 million support package for charities. 

The fund offered grants between £10,000 and £500,000 to asset or mission-locked ventures, with an emphasis on ventures with ideas to accelerate their growth, build resilience and create a deep and lasting impact. 

It aimed in particular to support leaders with lived experience. Leaders with direct first-hand experience of the social problems, who are activating these experiences to inform, shape and lead their social ventures to directly benefit the communities they share those experiences with.

• New emerging opportunities to grow impact (for example, services that have emerged during the pandemic)
• Projects or infrastructure that will benefit social enterprises’ future resilience, recovery and growth
• Existing services, projects or models that are performing well, with the potential to accelerate growth and impact.

In recognition of the pandemic’s disproportionate impact on these communities, UnLtd particularly encouraged applications from social entrepreneurs who identify as Black, Asian or from a minority ethnic background, and disabled people. UnLtd aimed for 50% of the funding to reach these typically underrepresented groups.

Longer-term, social entrepreneurs are likely to need significant ongoing support to face the challenges of a post-COVID future, so this partnership will allow UnLtd to develop an inclusive, ongoing support offer that will help social entrepreneurs to build their resilience post this fund and long into the years to come.

---