Communitybuilders are looking for up to six of the best, most promising examples of sustainable, community regeneration projects in England to be pioneer investees of the new era of the Communitybuilders Fund.
Applications are welcomed from exceptional, established organisations who are able to demonstrate impact in their communities and have credible plans for financially sustainable initiatives who can become flagship investees for Communitybuilders.
Communitybuilders is offering capital funding. The minimum investment is £250,000 and the maximum you can apply for is £750,000. Communitybuilders is primarily a loan fund and investments will have a minimum 80% loan element. An interest rate of 5% will be charged on the loan.
The Communitybuilders Fund will be accepting applications till noon on Friday 9 December 2011.
To help you find out if your organisation is eligible for a Communitybuilders investment they have an online eligibility checklist.