SIS Recovery & Resilience Fund 2022

Category: CharitiesCOVID-19 - Posted On: Jun 10 2022


To further support charities and social enterprises that have been impacted directly by the COVID-19 pandemic, SIS (Social Investment Scotland) has reopened the Recovery & Resilience Fund.

The fund is designed to bolster reserves or help with recovery plans by offering a bespoke investment package that is intended to be as flexible as possible.

To be eligible for this fund, organisations must:

  • have been trading prior to 1 January 2020
  • have experienced significant disruption to operations and service delivery due to COVID
  • have been negatively impacted financially because of COVID.
  • be based and operating in Scotland, or for organisations that are not, the activity funded by the Fund must have its impact in Scotland.

Head of EQ Charities, Mark Gallacher commented,

“The charities and not for profit sector was severely impacted by COVID, with many organisations having to reduce their services due to lowered income streams. It’s encouraging to see support being available to help get them back on track and ease their financial burden so that they can concentrate on supporting people and communities throughout Scotland.”

While the previous fund was by invitation only, organisations which meet the above criteria are being asked to complete the Expression of Interest (EoI) form here and send it to hello@socialinvestmentscotland.com.

The application deadline is 5pm on Friday 1 July 2022. You can find more information on the fund, and details on the FAQ document, on the SIS website.

For support in finding the appropriate grants and loan funding available for your business or if you have any questions regarding the SIS Recovery & Resilience Fund, please contact a member of our EQ Charities team via charities@eqaccountants.co.uk or contact one of our offices.