Published on: October 20, 2023
The Cost of Living Fund (COLF) provides grant funding alongside Recovery Loan Fund (RLF) loans to eligible charities and social enterprises who are supporting people in the 30% most deprived areas of England and delivering products and services to people impacted by the cost-of-living crisis. We determine this by using a measure called the Index of Multiple Deprivation (IMD), which looks at several key factors in the area. You will be able to check if you operate in a qualifying area using our Postcode Checker. Currently the grant is only available to organisations operating in IMD 1-3.
The fund does not provide standalone grant funding. Organisations can only receive a COLF grant if they are successful in applying for a RLF loan.
Eligible Charities and social enterprises in England delivering products and services to people impacted by the cost-of-living crisis who are looking to:
- Continue their existing products or services.
- Increase the number of people supported.
- Launch new products or services.
- Improve the quality or efficiency of products and services.
To find out more about this fund and make an application, please visit: Social Investment Business Cost of Living Fund