Enterprise Development Programme: Environment Sector (UK)
Applications are now open for the Enterprise Development Programme (EDP) – a five-year programme, funded by Access – The Foundation for Social Investment. It is managed by a coalition of partners, including multiple infrastructure bodies (sector leads) and Social Investment Business as a strategic grant partner.
Support from the program enables organizations to grow financial resilience and impact by providing a mixture of grant and learning support to help develop and grow enterprise ideas.
Successful applicants will be invited to work on co-designing a package of support.
The opportunity to receive a grant to develop your enterprise idea. Grants of up to £30k can be awarded, subject to agreed conditions, milestones, and evidence of growing trading income.
Packages of support can include the following items:
Bespoke learning and training sessions co-designed by you and your sector-lead.
Extensive peer-learning and networking opportunities.
Access to a team of pro bono legal experts to act as a sounding board and guide you through the legal considerations of trading.
Opportunities to attend wider-sector learning events.
Organizations applying to program must meet the following criteria:
Be interested in exploring new models of trading to help build financial resilience but require support to get these ideas off the ground. The long-term goal of applicants may be to take on social investment but that isn’t a requirement for a place on EDP
Must be a social enterprise, charity or not-for-profit company, based and working in England
Be an incorporated organization with a clear social mission
Distribute less than 50% of post-tax profits and reinvest at least 51% of surpluses into pursuing their social mission, and have a constitutional or contractual lock on their social mission, dividend, and surplus distribution policy (also known as an asset lock)
Funding cannot be used for activities that promote religious or political purposes
If you are a faith-based organization, you can apply but your services must be open to people of all or no faith.
They particularly welcome applications that demonstrate some of the following:
Organizations with a focus on reducing waste
Organizations with a focus on reducing the use non-renewable resources.
Enterprise ideas that have been successfully tested and are ready to be implemented or scaled.
For more information, visit https://www.enterprisedevelopmentprogramme.org.uk/how-to-apply/