Adapt & Thrive offers advice and funding.
- Tailored, specialist advice to make the necessary changes to adapt and thrive in your new environment. This may include:
- Helping you adapt your organisation or business model or develop a new business plan
- Assessing your current financial position and forecast for the future
- Developing new income streams/identifying other grant funds/fundraising strategies to support sustainability
- Changing your organisation’s structure
- Scenario planning to help you respond to the SG’s planned easing of restrictions and changes in tier levels
- Advice on implementing new statutory regulations (e.g. adapting your premises)
- Moving towards, consolidating and implementing revised ways of working (e.g. digital service delivery)
- Exploring blended working practices (remote and flexible working for example)
- Redesigning existing or emergency adapted services or introducing new ones to better serve the needs of your community post lockdown
- Acting as a critical friend, providing an external perspective to existing plans and forecasts
The length and depth of support will depend on your needs and stage. A Business Advisor will discuss your online form to understand what your needs are. If you have a well-developed plan already, or are accessing support from other sources, and your need is primarily funding, the support is likely to be short and focus on helping you ensure that your plan provides sufficient detail for us to make a funding assessment.
- Grants between £5,000-£75,000 to support the changes you need to make to operate safely and work towards (or return to) a financially stable position.
- Flexible, 0% interest loans from £25,000 to £250,000. All loans recommendations will be based on an assessment of the organisation’s ability to service debt.
- In some cases, a blended approach of both grant and loan may be recommended. When this is the case, the minimum loan ‘portion’ that can be offered is £25,000.
- There are additional criteria for funding (see Funding Criteria section), and to be successful, eligible organisations will need to demonstrate a close fit to the funding priorities.