8.5.3 Equity match request
You need to state how much equity match you are applying for, up to a maximum of £100,000 or 50% of the total community share capital you hope to raise, whichever is the lesser. We need to know the total capital you require, what proportion of this you hope to fund through community shares, and what other sources of capital you are relying on, including any grants, donations, loans and your own reserves.
We need details of these other sources of capital, including details of the providers, their terms and conditions, and the status of your arrangement with them. We also need to know the contingency arrangements if your community share offer fails to reach its minimum target, and what actions you propose to take if it achieves its minimum target but falls short of its optimum or maximum target.
You will be asked to provide this information by populating a spreadsheet that you will be able to download via the application form. Once you have populated the table, please save a copy of this form onto your own computer, return back to here and upload via the form.