Funding news

New fund will help charities bid for big public sector contracts – Wednesday 22 October 2008

Futurebuilders England is preparing to launch a new fund to help charities bid for large-scale public sector contracts in coalitions.

The Consortia Fund is expected to be launched next month and will help charities to increase their capacity to compete with private organisations on large contracts, according to Jonathan Lewis, chief executive of Futurebuilders.

Lewis told Third Sector that supporting consortia-building was one of several areas where Futurebuilders and other social lenders could provide strategic thinking to the third sector, rather than simply supporting individual causes.

Futurebuilders, which provides grants and loans to help charities win public service delivery contracts, could not confirm how much money would be available.

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