Aims/priorities: Funding is available for not-for-profit organisations that are current or previous recipients of a grant directly from National Heritage Lottery Fund to support activities and costs that will develop and restart their income generating potential. Heritage Recovery and Resilience Loans are long-term investment to support the actions needed to stabilise and modify operations, build organisational resilience, and adapt programmed projects as part of an organisation’s recovery from the impact of coronavirus/COVID-19. This funding is well suited to organisations who have already been working on resilience, and are currently operating with a mixed income model of enterprise and grant funding, who require support to meet operating costs or adjust their operating model as a result of the COVID-19 crisis.
Who can apply? To be eligible, applicants must be a:
- Not-for-profit organisation
- Current or previous recipient of a grant directly from National Heritage Lottery Fund.
Grant amount: Loans of between £50,000 and £250,000 are available with the following terms:
- Fixed 0% interest rate
- No arrangement fee
- No early repayment fee
- Optional 12-month repayment holiday
- Repayment period of up to five years
- Loan must be claimed within 12 months or receiving permission to claim it.
Application process: All relevant documents and online application form can be found on the National Lottery Heritage Fund website.
Deadline: 14 February 2021. Decisions will be made by the end of March 2021.
Contact information: Customer Services Team - Tel 020 7591 6044, Email enquire@heritagefund.org.uk
Website address: www.heritagefund.org.uk