Phase two of the Third Sector Resilience Fund

Category: CharitiesCOVID-19 - Posted On: Aug 19 2020

Due to the high level of demand, the Scottish Government pledged additional funding to support a second phase of the Third Sector Resilience Fund.

As mentioned in our previous article, the Third Sector Resilience Fund is an emergency fund for charities, community groups, social enterprises and voluntary organisations working in Scotland who are facing financial difficulties, directly as a result of the coronavirus pandemic.

The guidance and criteria was updated for phase two to maximise the number of third sector organisations that benefit from it:

  • Applicants must be at risk of or unable to cover essential costs within 12 weeks from the date of application
  • The maximum grant amount awarded will be £75,000
  • Funding requests must be for a three month period (previously four months)
  • Eligible costs will be mostly limited to overheads and essential staff (administrative for example) who cannot be furloughed. Please visit the FAQs section for more detailed information
  • All grant applications requesting £50,000 or more will be considered for a loan, a grant or a blended approach (part grant, part loan)

Organisations must first complete a short eligibility checker which will to assess their suitability and direct them to the correct application form depending on their needs or to other sources of support. You can find the eligibility checker here.

For support in finding the appropriate grants and loan funding available for your business or if you have any questions regarding the Third Sector Resilience Fund, please get in touch with the specialist in your area, Mark GallacherJoanna SmithDebbie Millar or Margaret Waite.