Local Investment Fund
Set up in 1995 by the government and the private sector led by NatWest, the
Local Investment Fund offers loan finance for not-for-profit organisations,
including community ventures and social enterprises, particularly in disadvantaged
areas. Loans are from £25,000 to £250,000. Applicants must have previously been
unable to acquire sufficient funding from traditional sources (or require top-ups).
They must have a viable business plan that shows a desire to reduce grant
dependency and be able to demonstrate how their community enterprise will
contribute to social inclusion.
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