The Third Sector Resilience Fund (TSRF) is a £20m emergency fund for charities, community groups, social enterprises and voluntary organisations working in Scotland, supporting organisations that already deliver services and products but find themselves in financial difficulties directly as a result of the coronavirus pandemic.
The Scottish Council for Voluntary Organisations (SCVO) writes:
The primary intention of the fund is to help third sector organisations to stabilise and manage cash flows over this difficult period…
The Fund is delivered by Firstport, Social Investment Scotland and the Corra Foundation and provides grants up to £100,000. In addition there is up to a further £5m available in fully flexible, 0% interest loans starting at £50,000. The fund will be complemented by specialist business advice from Just Enterprise to help grant recipients maximise the impact of the financial support.
To find out if your organisation could be successful in gaining support from this fund please use the eligibility checker. This will filter you through to the correct route for your organisation to apply.
To be eligible, interested organisations must be:
- a charity, social enterprise or voluntary organisation based in Scotland and/or primarily delivering services/activities in Scottish communities;
- already delivering those products or services prior to March 2020;
- and needing funding to stabilise cashflows directly as a result of the impact of COVID-19, as opposed to pre-existing financial difficulties
The fund aims to help as many organisations as possible, however, priority is given to those most at risk and that need immediate help. Please also note that TSRF is not a compensation scheme, but an alternative fund for organisations for whom other UK/Scottish Government Emergency Schemes are not suitable. We strongly encourage you to read the fund’s guidance notes and FAQs prior to starting an application.
In order to apply, organisations must complete a short eligibility checker to assess their suitability for the fund. Based on the answers provided, interested applicants will be directed to the correct application form depending on their needs or signposted to other sources of relevant funding/support.