Funding news

Futurebuilders backs voluntary sector bodies in contract bids – Monday 30 June 2008

Futurebuilders England has opened a £1m loan fund to help voluntary organisations prepare bids for contracts to deliver public services.

The Futurebuilders fund, which Futurebuilders England distributes, is a £215m pot of government money designed to help charities win contracts to deliver public services.

Voluntary and community sector organisations can now apply for three-year interest-free loans of between £3,000 and £50,000 to help pay for costs associated with bidding, such as legal fees. To be eligible for loans, organisations must show that they could not secure funds from a commercial lender and would have a realistic chance of winning the contract they were bidding for.


For more information, go to: www.thirdsector.co.uk/News (opens new window).