Department of Health -
13 Jun 2012
Social Enterprise Investment Fund to reopen for applications
The Department of Health has announced a further investment of £19 million for social enterprises over the next year.
Since the Social Enterprise Investment Fund (SEIF) was launched in 2007, the Department of Health has invested more than £100 million in more than 600 social enterprises working across a wide range of health and social care areas, including disability services, mental health, substance misuse, carers’ organisations and supporting people with long term conditions. These enterprises include Jamie’s Farm, Norcare, Jets Foundation and HCT Group.
SEIF investment packages, which include grants and loans, have supported organisations at different stages, helping them become investment ready and then to scale up and grow.
To help potential applicants to the SEIF, the Department is organising a series of workshops in conjunction with Local Partnerships and The Social Investment Business, due to take place this July. The dates for the workshops are:
11 July in Taunton
16 July in Leeds
19 July in London
All existing social enterprises working in health and social care, including public health and children’s services, are eligible to apply. Right to Requests and Right to Provides working in health and social care that are yet to spin out are also eligible. To find out more on eligibility for the fund please either visit The Social Investment Business site or call 0191 261 5200. Details of priorities for the 2012/13 fund will be available shortly.