Charitable organisations given £20 million boost by governmentJuly 21, 2015 // No Comments
The Cabinet Office has launched a £20 million Local Sustainability Fund to help around 250 voluntary organisations to secure their futures.
The fund, which will be delivered by the Big Lottery Fund, will provide grants that will enable recipients to implement organisational changes and access professional advice that might currently be out of their reach. It will give organisations working in the voluntary, community and social enterprise (VCSE) sector access to a wider range of skills and support, with all grant recipients establishing a strong volunteering relationship with a local business. These cross sector relationships will help grant recipients to strengthen their resilience and long term sustainability.
The Local Sustainability Fund will be £20 million of government funding delivered over 2 years, and will be available to medium-sized VCSE organisations that deliver vital support to vulnerable and disadvantaged people. Alongside working with local businesses, recipients will also work with skilled advisors so that the fund generates maximum impact.