The £100million Transition Fund to support charities, voluntary groups and social enterprises affected by public spending reductions has been opened for applications by Minister for Civil Society Nick Hurd.
The fund is available to organisations with a turnover between £50,000 and £10million which have derived much of their funding from state sources. It will provide grants of between £12,500 and £500,000 to enable organisations to make the changes they need to become sustainable in the longer-term.
The Transition Fund is managed by the Big Fund, the non-lottery funding arm of the Big Lottery Fund. Applications can be made by visiting the website or calling: 0330 303 0110 (textphone 0845 602 1659). The application process will close on 21 January 2011.
“Charities, social enterprises and voluntary groups are the backbone of our communities. We know that the very real need to reduce the deficit means they, like the rest of society, will face tough challenges over coming months. The £100m transition fund will be a lifeline giving organisations the space they need to take stock and build sustainable plans for the future. It is not a replacement for sustainable long term funding.
“Kingston Council is a great example of a local authority working with civil society organisations to open up new opportunities in public services and help develop more sustainable funding for the future. But government cannot do this alone, we all have a responsibility to contribute to the places where we live and finding a way to support local charities and voluntary groups is a great way to go about it.”
Peter Wanless, CEO of the BIG Lottery Fund said:
“We have worked flat out to get the Government’s Transition Fund open for business as rapidly as possible. We look forward to delivering essential support to help civil society organisations deliver their invaluable work into the future. We will be drawing on relevant expertise from ACEVO, and CapacityBuilders, among others to achieve that.”