The Forward Enterprise Fund is a £2m social investment fund that supports individuals, charities and social enterprises run by, or creating employment opportunities for, ex-offenders and people in recovery from addiction.
The Fund provides access to unsecured loans between £25k - £150k for revenue and / or capital projects (typical interest rate 7.5%) for up to a 5-year term.
Loans and pre-investment business support are available to individuals, charities and social enterprises working in the areas of addiction and criminal recovery:
- Unsecured Loans between £25,000 - £150,000
- Grants of up to £5,000 are also available for early-stage enterprises to use as match-funding on Crowdfunder.