Funding news

Grassroots Grants – Small Grants scheme open - Thursday 4 September 2008

Small local voluntary and community groups can apply for grants under the Government's new £80m Grassroots Grants scheme.

The three-year programme, funded by the Office of the Third Sector and run by the Community Development Foundation, is open to any local community group with an annual income below £20,000.

The programme offers grants of between £250 and £5,000 to support activities that lie at the heart of our local communities. The grants will be distributed directly through local funders (see the relevant link below for details).

The Government is also encouraging businesses of all sizes to invest in an endowment fund to prolong the scheme's life beyond 2011. It pledged £50m in match funding for the scheme in last year's third sector review, and estimates that the fund could ultimately be worth up to £150m.

Donations to the fund will be eligible for Gift Aid, meaning that a donation of £1,000 from a business would be worth £2,560 to the fund.  


For the Cabinet Office press release go to: www.wired-gov.net (opens new window).