Yes. If the new criteria mean that you can rethink your plan and make further changes to help your recovery and future sustainability (and these changes require a larger amount of funding than what you previously secured), you can apply again for a total award of up to £75K. Because we already have some of the information we need, you will not need to start a new application form from scratch. We will contact you in the new year with information and instructions on how to apply. Please note that the total amount secured through the programme cannot exceed £75K and a previous successful grant does not guarantee additional funding.
No, the process remains the same. We will continue to encourage all applicants to work closely with an advisor to improve and refine their recovery plans before moving the application to a funding assessment stage. To be successful, funding asks should reflect a strong, well-considered and ambitious recovery plan.
The programme can support organisations even if they are currently unable to operate due to the latest restrictions. Planning for your organisation moving up or down the Scottish Government’s Tier System (or in/out of lockdown) should form part of your recovery plan and funding request. Don’t worry if you are not sure how to do this, our team of advisors can help you develop a plan that is responsive and adaptable. Funding for resilience-type costs (essential overheads for example) can form part of your funding ask if a temporary closure is an essential part of responding to national lockdowns or tier level changes. These costs should form part of your overall funding ask, rather than being the sole (or primary) ask of funding. Please note that the amount and period requested should align with the SG's planned easing of restrictions and at most cover the period between the date of application and 30 June 2021. We would also encourage you to check the Find Business Support website which contains information about other sources of funding and guidance for your business during the coronavirus pandemic.
Eligible organisations can access funding regardless of turnover size The top value of grants will increase from £25K to up to £75K The remaining criteria will continue to apply.
If you received a grant before the changes in criteria came into effect on 11th January, you can apply for a supplementary grant. You will receive an email with instructions on how to do this. If you received a grant after 11 January, unfortunately you are unable to re-apply. The funding available through the Adapt and Thrive programme is limited and we want to support as many organisations as possible. Grants will be awarded on an unrestricted basis which means that, should your circumstances change, you can divert the funds to what your organisation needs.
In most cases no. We will ask you to tell us about monies that have been set aside for a specific project or piece of work, how this will benefit your organisation or community, and why it cannot be postponed.
In some instances, a grant may be considered, However, organisations must be able to demonstrate there is a benefit to their local geographic or interest community.
The Adapt and Thrive Programme can only support funding requests between £5,000-£25,000. If your funding needs are below £5,000, there are other funding options available which may suit your needs. Please look to the SCVO website or Funding Scotland for suitable funds.
The Adapt and Thrive programme is only able to make one award per group of organisations. If your organisation is part of a group of organisations (for example: a parent charity with one or more subsidiaries) and you were successful in securing a grant from the programme, no other organisation in the group would be able to access funding, including any other trading subsidiaries and the parent organisation itself. They would, however, be able to access the support and advice to help with their recovery plans.
Unfortunately not. We are only able to support organisations that were operating before 1st January 2020 and were adversely affected by Covid.
No. We will ask about any income you expect to receive as well as pending applications for other sources of funding.
It will depend on individual circumstances. For example, accessibility to cash from the portfolio, dividend payments, etc.
As long as you have been trading since before 1st January 2020 you can apply to the programme. Where you are unable to provide annual accounts you will be asked to provide other evidence of trading and financial history. This will include bank statements and management accounts.
To help us assess your eligiblity for the programme, we will ask for a range of documents: Set of management accounts for the period Jan 2020 – Mar 2020. We only need you to provide these if your organisation is less than a year old and you do not have annual accounts yet, and/or you are looking to access loan funding. Bank statements (last three months) - We will use these to help us assess your financial position, as well as to verify the bank details that we will use to pay in an award (if you secure funding from the programme). Constitution - A constitution is only required for unincorporated organistions. Simple Cash Flow for the next 12 months (if you have one prepared) - As part of the programme support, our advisors can help you develop financial forecasts and projections, however, if you have a cashflow forecast already, you can upload it at application stage. An advisor may suggest tweaks or improvements to it as part of the support you receive. A cashflow forecast is required to allow us to assess a funding request, so if you did not upload it at the point of application, our advisors will prompt you to do this before your application moves to the funding assessment stage.
Whether you apply separately or together will be down to the circumstances of your organisations, we can accept separate or joint applications. If you apply separately, please make sure you mention the name of the organisation you are planning to merge with in your application. Whenever possible, we will aim to allocate the same advisor to both organisations.
Yes, you are able to apply to Adapt and Thrive as long as you meet the eligibility criteria.
The maximum grant available is £75,000. If you are looking for more than £75,000 you may be eligible for loan available through this programme, which is administered by Social Investment Scotland. It is important to note that even if your recovery plan needs are greater than £75,000 you need to tell us the total amount you need on your online form and how you are planning to raise the shortfall (for example, from other funders, a loan, cash reserves, etc).
Unfortunately we are not able to consider appeals. We will provide you with feedback on your application.
Restricted reserves means money or funding that are shown in your accounts as committed amounts for specific species of work or projects. For example, if you have received a grant to deliver a project and/or service this will be shown as restricted.
Yes. It is important to tell us about all potential funding applications, the stage they are at and the amount you have applied for.
If you are eligible for a grant/loan you should receive an outcome within 21 days.
Yes, if you are looking for more than £75,000 to implement your recovery plan, you can apply for both a grant and a loan. Please bear in mind that the minimum loan available through the programme is £25,000 and a successful loan request will primarily be based on your organisation’s ability to repay the debt.
If you have been unsuccessful, you are able to reapply for a grant as long as you meet the eligibility criteria and address any feedback provided. You would need to amend your online form and we would highly recommend you take up the advice from our advisors.
Funding is unrestricted and should be used to cover the costs associated with implementing your recovery plan. Although a recovery plan is unique to each organisation, we expect it to cover a timeframe of around 12 months, so any funding request should reflect the same timeframe.
No, Adapt and Thrive is an open, rolling programme so you can make a funding request at any stage while the programme is open. However, please bear in mind that funding criteria and priorities may change in response to levels of demand or changes in Government guidance. The programme will be open until 31 June 2021.
The minimum grant available through Adapt and Thrive is £5,000. If you are looking for less than £5,000 and your organisation is eligible, you can still access advice from our Business Advisors, who will also be able to suggest alternative funding streams. Information on other funding sources is also available on the SCVO Hub.
Yes, in the online form you will be asked if you are interested in a loan. If this is the case, one of our advisors will be in touch to find out more information about your organisation's finances so it can make an assessment on its ability to service debt. If you have further questions about the Adapt and Thrive loan product, SIS have produced loan FAQs which you can access here: https://www.socialinvestmentscotland.com/wp-content/uploads/2020/09/FAQs-Loan-Funding-Adapt-and-Thrive-Programme.pdf
Yes, the funding can be used to cover existing (or new) staff time to carry out new activities that will help your recovery, but this must be clearly explained in your application form and budget. For example, you may need to fund additional hours for existing staff to implement elements of your recovery plan (e.g. by launching a new income stream). It is important that our assessors understand the nature of the work that will be carried out (i.e., how does it relate to your organisation’s recovery) and for how long, regardless of whether the work is done by existing or new personnel. In some instances, the funding can provide some help with salary costs for existing staff to carry out their existing duties, particularly for those organisations that are still facing restrictions on how they operate. However, these types of costs can only be covered until the end of June 2021.
Yes the SCVO Helpdesk (email@example.com) will be able to provide support on different formats and help to complete the form.
The support from the programme is led by experienced advisors who bring an external perspective to your plan and add value through their own skills and insights. Once you have completed the online form, an advisor will get in touch with you to discuss the information you have provided. They may ask you to expand on some of the responses in your form, review your needs and offer you support to develop, refine or improve your plan. The support is tailored to what your organisation needs and may range from helping you develop financial forecasts, think about new income streams, or act as a critical friend to talk through ideas. We have produced a video to explain how organisations have already benefitted from the support, watch it here: https://vimeo.com/539097594
No, the support from the programme will help organisations that do not currently have a recovery plan in place to do so. However, in your application we would expect you to describe some general points covering the areas listed in the previous question (What do you mean by a recovery plan?). We understand, however, that some organisations have already gone through this process and just need some funding to implement the changes needed as part of their plan. When this is the case and once an application has been received, an advisor will be in touch with the applicant to discuss the plan and confirm that it provides the necessary detail to make a funding assessment. If this is the case (and assuming the organisation meets all relevant criteria), the advisor will pass the form to our assessment team to be considered for a grant or/and loan. If an advisor feels that more detail is needed, the organisation will be invited to engage with the support (or to work on the improvements independently) to improve their plan and update the answers on their application form before moving to the funding assessment stage.
A recovery plan is the medium-term plan (c.12 months) you are putting in place to face the challenges presented by Covid so you can continue to have a positive impact in your community. We will use the responses on your application form as the basis of your plan and we do not expect these to be fully formed – that’s what our support is here for. However, we would like you to give some thought to the areas listed below before making an application: •Organisation’s vision •Core products and services and client group •Detail of current situation and impact of Covid •Detail of Covid recovery plan (including new or amended products and services) •Fundability & financial viability •Governance & capacity to deliver Once you start working with an advisor on your plan, you will start updating the answers on your application until you are both happy with them. Your updated application will then be passed on to our assessment team if you are applying for funding. Our advisor may suggest that you use your updated answers to create a Recovery Plan document. This document is not a key element of the funding application, however, it will formalise your answers into a format that you can then share, for example, with your board of directors or trustees, or to approach other funders.