Deadline
The funding is for enterprise projects that are able to solve a problem experienced within Black and Global Majority communities in England as a result of the Cost of Living Crisis, while bringing in trading income for the organisation.
The funding is for projects with achievable outcomes within a 9-month timeframe that:
- Address Real Issues: Target challenges like poverty alleviation and racial equity, driving meaningful change for Black and Global Majority communities.
- Have Growth Potential: Use this funding to scale existing, income-generating projects that support sustainable financial growth.
Showcase Community Impact: Demonstrate a solid track record of community impact and engagement.
Who Can Apply
To be eligible, applicants must:
- Be a Black-Led or Global Majority-Led organisation.
- Be a legally incorporated non-profit (not limited by shares).
- Have a clearly stated mission to support issues impacting Black and Global Majority Communities (indicated in their organisation’s governing/constitutional documents).
- Reinvest 100% 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).
- Be based in and operating in England. (Priority will be given to organisations active in IMDs 1-3.)
- Have at least one DiNN Member. (The form to become a member of the Do it Now Now community can be found on the DiNN website.)
- Be able to provide at least the last two year accounts submitted to Companies House/Charity Commission and both of these years accounts must show income generated between £150,000 and £500,000.
- Be able to produce management accounts that include a Profit and Loss statement and Balance Sheet.
- Have at least three Directors or Trustees.
- Have 75% of the organisation’s Directors, Trustees or equivalent Governing Body members representing Black and Global Majority Communities.
- Have 51% of leadership/senior management representing Black and Global Majority Communities.
Funder
Pathway Fund
Email