Eligible Charities and social enterprises in England delivering products and services to people impacted by the cost-of-living crisis who are looking to: 

• Continue their existing products or services. 
• Increase the number of people supported. 
• Launch new products or services. 
• Improve the quality or efficiency of products and services. 

The organisation itself may also have been impacted by the cost-of-living crisis. However, the fund is intended to help the organisations better support people impacted by the cost-of-living crisis. The purpose of the fund is not about supporting organisations that have been impacted themselves by inflationary costs. 

Organisations must first apply for a Recovery Loan Fund loan. If they are eligible and suitable for the loan, they will be considered for the COLF grant. If they are eligible and suitable for the grant, a recommendation will be made to the fund’s Investment Committee to provide a blended funding package of loan and grant to the organisation. The loan element is repayable as per the above terms. The grant element is not repayable but must be spent within 12 months and can only be used to maintain, increase, launch or improve products or services to people impacted by the cost-of-living crisis. 

Find out more here: https://www.sibgroup.org.uk/funds/cost-of-living-fund/