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Modernisation Fund
We manage the Modernisation Fund on behalf of the Office for Civil Society. The Modernisation Fund helps third sector organisations – charities, community groups and social enterprises – be more resilient to the impact of the economic downturn. It is aimed at helping organisations that are providing services which are particularly in demand during a recession.
Please note that this fund is now closed to new applications.
The Fund helps organisations plan for difficult times ahead, identify issues and opportunities and take action to ensure you are best able to prosper in the coming years. In many cases this means working in collaboration with other organisations or merging together.
The Modernisation Fund provides interest-free loans of between £30,000 and £500,000 to help organisations be more resilient to the impact of the economic downturn.
About us
As the UK's largest social investor, we have made over 1100 investments in civil society organisations ranging from under £5,000 to almost £7 million. We invest in viable, non-bankable projects: facilitating their move into more enterprising ventures; strengthening them; investing in excellence; and bringing to scale the most innovative ideas.