Following Ken Skates' recent announcement, WCVA, WEFO and Welsh Government are pleased to announce not only an additional £1.5m for distribution through the Social Business Growth Fund, but also an entirely new strand of funding of £1.2m for a new Community Asset Development Fund.

Read the Welsh Government press release HERE. More detailed information on the fund and the application process will follow shortly.

The Community Asset Development Fund has been designed to support social businesses keen to take on or expand community assets. Technical briefing sessions will be held by the Social Investment Cymru team as part of Social Business Wales networking events to provide further information on the fund and how organisations can apply.

Book on to the events here: https://www.eventbrite.co.uk/o/social-business-wales-9772699362 

Please contact Social Investment Cymru if you have any further questions by emailing sic@wcva.org.uk or phoning 0300 111 0124

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