Big Society Capital published the new £100m response that will go towards social sector organisations to help them through the current pandemic:
An ambitious £100 million programme of loans and investment is announced today to help get much-needed emergency funding to social enterprises, charities and small businesses in disadvantaged areas affected by the coronavirus pandemic. The measures complement the coronavirus grants programme for social sector organisations announced today by the Government.
These organisations are in the frontline of responding to the needs of the most vulnerable and deprived sectors of our community, and many are facing significant financial difficulties. Many are also not able to access other sources of government funding which have been made available in response to the crisis.