News & Events - Dundee Social Enterprise Network

Coming Together in a Crisis

Supporting the DSEN network during the Covid crisis

In mid-March the global Covid pandemic really
began to have an impact in the UK and the
Government imposed strict lockdown measures.
This impacted almost all areas of life and greatly
restricted the way that most organisations,
including our Members, were allowed to operate.
Our Members were suddenly unable to carry on
their income generating activities such as trading
and more traditional fundraising. Most
organisations have limited reserves, so faced real
and immediate financial difficulties.

Read the full  report here Coming Together in a Crisis

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Nexus Signage

DSEN newest Corporate Member Nexus Signage have put together a package for DSEN members preparing to reopen their businesses.

John recently supplied a back drop for DSEN to use at our Social Enterprise Week which sadly we had to cancel back in early March. Nexus can produce branded pop up banners, signs and are now producing hygiene screens, floor signage which can all have your logos etc added.

Product listing here –  DSEN back to work pack

John@nexussignage.co.uk

www.nexussignage.co.uk

 

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Social Enterprise Reset Week

Today, is the launch of Social Enterprise Reset Week!
Campaign #SocEntReset

This week is about connecting and engaging with frontline community-based social enterprises right across the country and gathering information related to common experiences and support and funding needs for a sustainable future. This is a week-long series of local and thematic SEN meetings and a twitter campaign encouraging all social enterprises across Scotland to engage.

The calendar of events and booking details can be found below –

Bookings must be done through the Senscot website.

If you get involved in any of the events please remember to tweet using the hashtag #SocEntReset

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Third Sector Resilience Fund Update

Third Sector Resilience Fund

Funding chart

We received the following update from Firstport on the second phase of TSRF, which will be helpful for anyone planning to apply / re-apply.

The Scottish Government today have committed additional resources to the third sector resilience fund and are implementing a transition to a phase 2 to better align it with wider support available. With that I am keen to give you a detailed update on what the Scottish Government’s phase 2 of TSRF looks like.

With phase 2, the Scottish Government have refined the focus of the fund to allow resources to reach a greater number organisations, focus on those at risk of immediate closure, and work better in conjunction with other Scottish Government and UK Government programmes.

Whist phase 2 guidance and FAQs are being published at the SCVO hub today, I would like to take this opportunity to unpack what phase 2 will look like and highlight the specific changes that come with it.

Firstly, TSRF is going to be working closer with the Just Enterprise programme to ensure the third sector develop robust strategies for dealing with COVID. This means in cases where organisations have underdeveloped plans, they will be directly referred to Just Enterprise for support to further develop their plan, and will be expected to engage with that support before re-applying.

Additionally, there are 5 main areas where phase 2 criteria are more focused than in phase 1.

Applicants must be at risk of not being able to cover essential costs within 12 weeks from date of application.
This relates directly to how applicants answer the “how long can you cover essential costs?” question in the application. If an applicant appears to have a discrepancy between how they answer this question and their unrestricted reserves, they will need to explain it in the
“more financial info” section.

The maximum grant amount awarded will be £75,000
This was previously £100,000

Funding requests must be for a three month period
This was previously 4 months.

Eligible costs include primarily overheads and essential staff (administrative for example) who cannot be furloughed
This is to allow the fund to focus primarily on essential costs (rent, insurance, admin staff, etc…). As a result, the fund is unlikely to support costs associate with programme delivery.
We will, however, continue to work with government to ensure applications that include significant and front line key work provision are passed to relevant teams within government, particularly where other directorates have resources to address. This has been done with a number of applications to date, but will have a specific pathway as we enter phase 2. Advice, however, is to for organisations delivering key frontline services to approach the relevant directorate in government directly.

All grant applications requesting £50,000 or more will be considered for a loan, grant, or blended award approach.
This means that all applicants for over £50,000 could be offered a grant, an interest free loan, or a combination of the two. They will not, however, be offered a loan unless they are able to service it.

As we enter phase 2, there will undoubtably be applications that get submitted who are not aware of the evolved programme. In these cases the process will be to not reject the application, but award for eligible costs in line with the new parameters. This means that a number of cases will now get less than they asked for, but will likely still be awarded if they met the overall criteria.

Investment Executive
Resilient Scotland’s JESSICA Fund

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Covid 19 support summary

Useful summary of support from Business Gateway Edinburgh.

Covid-19 Business Support Summary as at 25-03-20

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