Small emergency loan programme

LEAP programme (which provides a blended financial package of loans, grants and mentoring) in the usual way.

Criteria

The focus for this funding will be on established community food businesses and agroecological growers and it can be used for anything that helps them navigate this crisis. The investment could be used for working capital to develop new routes to market or to scale up production to meet growing demand. It can be used for recruiting more staff, investing in IT and delivery vehicles, new processing facilities and equipment. We have set the following main criteria:

  • At least 50% of income must come from food and drink production or sales
  • Must have been established and trading for at least 3 years and have a turnover of at least £40,000
  • Must be constituted as a CBS, CIC, CLG, Coop or CIO. We cannot fund sole traders, partnerships or CLSs
  • We will look for evidence that you meet our enlightened agriculture and social impact criteria

Application process

We ask for the following basic information:

  • Brief description of the business
  • The amount required and what it will be used for
  • Last set of approved accounts
  • Most recent set of quarterly management accounts
  • Legal form of governance
  • Information on what the loan will be used for
  • Information on security of tenure
  • A brief social impact statement

To apply, please fill out this brief application form. We aim to reply within 24 hours with any follow-up questions, and will ask you to send us your last set of approved accounts and your most recent set of quarterly management accounts.

If you have any questions please contact us at leap@feanetwork.org

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