This fund is positioned to give direct, intentional support to Black-led charities and social enterprises, empowering them to position their organisations for growth.
Do it Now Now is collaborating with City Bridge Foundation to deliver a cutting-edge enterprise development programme supporting Black-led charities and social enterprises delivering support to Black and Global Majority communities in London.
It will offer 64 London-based Black-led charities and enterprises with £12,000 grant funding, bespoke support and £3,000 in compensated capacity building.
The aim is to help organisations build financial resilience and operational readiness, increase their chances of raising social investment and create a sustainable future.
There are three funding rounds to express interest in:
- Round 1: opens 8 November 2023, closes 10 January 2024
- Round 2: opens 5 March 2024, closes 9 May 2024
- Round 3: opens 1 October 2024, closes 4 December 2024
The fund seeks enterprise projects that are able to solve a problem experienced within Black and Global Majority communities in London, while bringing in trading income for the organisation.
It is looking for existing charities and social enterprises with a good track record of activity in the area of work they are seeking funding to support, a fantastic team of lived experience leaders, and a strong relationship with their community.
For more details, visit the Do It Now Now Innovate Now website.