Timeframes

Once you have submitted your application form, you may receive an email or call from Co-operatives UK and or Co-operative & Community Finance to ask for any further information we may need to assess the application. In some circumstances, typically if a loan is required, we may also request a site visit.

Applications are reviewed at the next available Booster Fund Investment Panel meeting. The panel meets every 4 to 6 weeks. We aim to get back to you within a decision within 6 to 8 weeks of submitting your application.

If your application is successful, you will receive an offer letter detailing the terms and conditions of our offer, as well as information about the next steps.

If you are unsuccessful, you will receive an email with a small amount of feedback on your application. We may signpost you to other relevant support and funding opportunities. There is no right of appeal against our decisions. However, unsuccessful applicants are invited to submit new applications.

Please note: 

• You must complete the Expression of Interest form first to apply for grant or equity

• If you apply for both grant and equity, you will first have to apply for grant, and if successful, then apply for equity to secure the offer of equity investment