Stage One
To be considered for the project community groups and/or potential social entrepreneurs will be seen by either a community development worker, or the project co-ordinator.
The development worker and the co-ordinator will assess whether the proposed idea is suitable as a social enterprise, and will complete an options appraisal form. This will help the applicant to decide which route suits them the best.
Stage Two
Having undertaken the options appraisal, the applicant will be referred by the co-ordinator to one of three business advisers.
These advisers are contracted to provide all the support and advice necessary to take the applicant up to grant application stage. This support will include writing business plans, financial forecasts, legal structures, and anything else required to assist the applicant into becoming a social enterprise. Any training needs will be identified and referred back to the co-ordinator who will source the necessary training.
Stage Three
Once Stage 2 has been successfully dealt with the applicant will be referred to Furness Enterprise. There the application, business plan and supporting paperwork will be assessed by an independent business adviser to ensure that nothing has been omitted, and that the business plan supports the application. The application is then submitted to the grants panel.
Applicants will be expected to give a short ten minute presentation to the panel, thus affording panel members the opportunity to ask questions of the applicant, and to gauge commitment and sincerity. Once it has been agreed that a grant should be awarded, the applicant will be informed by way of a grant offer letter. This letter will stipulate any conditions, if any, that are attached to the grant.
It is anticipated that the result of the application will be known within the following timescales:-
Under £5,000 – two weeks; between £5,000 and £20,000 – four weeks; above £20,000 – six weeks. These are some of the fastest turn-around times for grant awards.
Stage Four
Stage 4 of the programme is available to those applicants after grant application stage. Should an applicant be successful, then he/she will receive time-limited, diminishing support, whilst the new social enterprise is ‘bedding in’. It is pointless awarding an organisation a grant, and then expect them to start running a business. Research suggests that this is a crucial time in the life of a social enterprise, and it only reasonable to expect support.
In those cases where an application fails, a full de-brief will be offered to the applicant(s) to ensure they are aware of the reasons for failure. In some cases it may be possible to make a further application, but that will be dependant on the reasons cited by the grants panel as to why the application had been unsuccessful.
.gif)

.gif)
.gif)

