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The National Lottery Heritage Fund (NLHF) has resumed accepting small and medium project funding applications and launched an interest free loans pilot.
The first phase of reopening will offer grants between £3,000 to £10,000 and £10,000 to £100,000, with the focus on supporting organisational resilience and inclusion. It is not available for capital works.
NLHF anticipates that the second phase, launching February 2021, will include provision for capital works. Phase two will offer grants between £100,000 to £250,000 and £250,000 to £5,000,000.
In addition to these grants, Heritage Recovery and Resilience Loans of £50,000 to £250,000 are also available.
These loans are designed to help fund activities and costs that will develop and restart your organisation’s income generating potential. They are well suited to organisations who have already been working on resilience, and are currently operating with a mixed income model of enterprise and grant funding, who require support to meet operating costs or adjust their operating model as a result of the COVID-19 crisis.
Loans are offered with:
- fixed 0% interest rate
- no fees for arrangement or early repayment
- optional 12-month repayment holiday
- repayment period is up to 5 years
Read the full announcement on this funding round, published by The National Lottery Heritage Fund.
This blog by Ros Kerslake, CEO, NLHF provides insight into the organisation’s plans and priorities to support the heritage sector.
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