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New Project Funding and Loans to Support Resilience

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By National Lottery Heritage Fund / Posted on Thursday 26th November 2020

National Lottery Heritage Fund

New project funding and loans to support sector resilience.

The National Lottery Heritage Fund has resumed accepting small and medium project funding applications and launched an interest free loans pilot.  This National Lottery funding is part of its ongoing commitment to support the UK’s heritage sector respond to the impacts of coronavirus (COVID-19), to adapt and thrive again.

National Lottery Grants for Heritage
The reopening of project funding – for grants between £3,000 to £100,000 is the first phase of a two-stage resumption of the  National Lottery Grants for Heritage.

It represents a return to its core business, but it is not a return to business as usual.

The primary focus is on resilience and supporting heritage not-for-profit and public sector organisations and local authorities through the continuing COVID-19 crisis.

It is also accepting applications from organisations or partnerships with projects that are led by and/or which engage diverse groups.

The first decision meeting will take place in mid-January.

Decision makers will prioritise applications from those who have not received funding through the Heritage Emergency Fund or government recovery funds for heritage and culture.

Explore the application guidance to find out if this funding is suitable for you.

Heritage Recovery and Resilience Loans
The new interest free loans – available for sums between from £50,000 to £250,000 – are aimed at organisations looking to restart and develop their income generating potential.

Repayable finance not only maximises the NLHF  impact through recycling some of its income, but social investment and loans such as this helps the heritage sector to diversify income, strengthen business models and become more resilient.

NLHF has a budget of £1.2m for the loans pilot. Funds are offered on a 0% interest basis, with no arrangement fee, and a 12-month payment holiday. Recipients will then have up to five years to repay the loan.

Applicants must be:

  • not-for-profit organisations
  • current or previous recipients of National Lottery Heritage Fund or National Heritage Memorial Fund grants over £10,000
  • organisations with enterprising business models that don’t rely on just grants and donations

Find out more in the loans application guidance. The deadline for applications is 14 February 2021.

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