New Covid recovery fund launched

Lloyds Bank Foundation has announced new funding for small and local charities helping people overcome complex social issues and recover beyond the immediate Covid-19 crisis.

Charities can apply for a two-year unrestricted grant of up to £50,000 from 10am on August 3rd.

The Covid Recovery Fund will offer 140 charities a two-year unrestricted grant alongside the support of a development partner to help them identify and act on any organisational challenges they are facing.

To ensure this funding is distributed equitably, a minimum of 25 per cent of the grants will be awarded to charities led by Black, Asian and minority ethnic communities. Eligibility criteria will also be flexed for charities operating in Wales and those based in the six communities the foundation is partnered with, which includes Redcar.

Find out more about the fund, including how to apply, at lloydsbankfoundation.org.uk/about-us/covid#Recover.