In its sixth year, the Lloyds Bank and Bank of Scotland Social Entrepreneurs Programme provides funding and support to budding entrepreneurs that want to make a difference.
The programme is designed to support social entrepreneurs in communities across the UK. It provides entrepreneurs with financial support to start or scale up a social business (with grants of £1,000 or a Match Trading grant of up to £7,000 depending on eligibility), a learning programme with the School for Social Entrepreneurs and a dedicated mentor from Lloyds Banking Group.
Applications for the 2018-2019 programme are now open online and taster sessions are taking place across the UK to showcase what the programme has to offer.
The programme is in its sixth year and aims to support 2,350 social entrepreneurs by 2020. A new funding model, Match Trading, was introduced in 2017 to encourage social entrepreneurs to grow their business through trading and increase their sustainability by incentivising them to explore new markets and diversify income streams.
Paula Rogers, head of social enterprise at Lloyds Banking Group, said:
"We believe that by supporting individuals to start and develop social businesses to solve the most pressing issues within their local communities, we are helping to drive economic growth across the UK and deliver on our ambition to help Britain prosper. We look forward to supporting a new cohort of students this year."
Alastair Wilson, ceo of the School for Social Entrepreneurs said: "Our partnership with Lloyds Banking Group has enabled us to support thousands of social entrepreneurs across the UK to develop businesses that transform communities and help people in need. We look forward to supporting these social entrepreneurs on each of their individual journeys."
Applications close at 1pm, Thursday 26 April 2018.