CWRT empowering local economy through Access Fund
Coventry & Warwickshire Reinvestment Trust (CWRT), in collaboration with Access - The Foundation for Social Investment and Coventry and Warwickshire CDA, has introduced the Access Programme In response to the escalating cost of living.
This newly launched initiative aims to provide crucial funding and support to social enterprises and charities. Through a combination of grants and loans, the Access Programme empowers West Midlands-based social enterprises and charities, enabling them to expand enterprising activities, foster financial sustainability and meet the rising demand for their services when it is most needed.
The Access Programme offers a range of support tailored to the needs of the eligible organisations:
Grant-Only Support: Organisations can apply for grants ranging from £5,000 to £7,500.
Blended Finance: A unique combination of loan and grant, ranging from £20,000 to £40,000, with a grant of up to 50%.
Health Check Review: A comprehensive 1-hour online session conducted by the Coventry and Warwickshire CDA to assess organisational readiness and impact.
Peer-to-Peer Network: An opportunity to join a network of like-minded organisations, fostering connections and collaborations for a greater collective impact.
The Access Programme is specifically designed to support charities and social enterprises operating in various regions across the West Midlands, including Coventry, Warwickshire, Birmingham, Solihull, Dudley, Sandwell, Wolverhampton, Walsall, Worcestershire, and Staffordshire. To be eligible, organisations must be actively involved in addressing the cost-of-living crisis and providing critical services such as food and emergency supplies, emergency shelter, safe spaces, warmth, and financial and housing advice. They must also provide paid for products and or services to ensure longevity and the financial sustainability of the organisation.
At a time when the demand for charitable services is at its peak, the Access Programme ensures that these essential organisations can navigate challenges effectively, ultimately benefiting the communities that need it the most.
Access Programme has limited funds. If you would like to learn more and apply please contact CWRT on 02476 551 777 or visit: www.cwrt.uk.com/access-programme