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British Business Bank announces Community ENABLE Funding programme


//business-finance.news-articles.net/content/202 .. nnounces-community-enable-funding-programme.html
Published in Business and Finance on Thursday, November 28th 2024 at 11:21 GMT by Bill Williamson   Print publication without navigation

  • The Sheffield-headquartered British Business Bank today launches the Community ENABLE Funding (CEF) programme, which is designed to increase the availability of funding to social impact sector lenders,

The British Business Bank has launched the Community Enable Funding Programme, aimed at supporting small businesses in the UK by providing grants to community organizations. This initiative, funded with £1.5 million, seeks to enhance the capabilities of these organizations to offer better support, including financial advice, to local small businesses. The program is part of the broader £200 million Community Investment Enterprise Fund, which focuses on improving access to finance for small businesses in underrepresented areas. The funding will be distributed through a competitive application process, with grants ranging from £25,000 to £100,000, intended to help these community groups expand their reach and effectiveness in aiding local entrepreneurs.

Read the Full The Star Article at [ https://www.thestar.co.uk/business/british-business-bank-announces-community-enable-funding-programme-4887963 ]

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