Funding news

Government plans £40m fund to support charities working against poverty - 2 August 2010

The Department for International Development has announced a consultation into a £40m fund that will offer support to third sector organisations that work with the world’s poorest people.

The Poverty Impact Fund will offer two types of grant; ‘innovation grants’ of up to £250,000 to organisations with annual turnovers of less than £500,000 that want to develop new ideas, and ‘Impact grants’ of up to £2m for larger programmes.

Andrew Mitchell, the international development secretary, has written to charities announcing a consultation seeking responses into how the fund should be run. The consultation is open until 22 September. To respond to the consultation, email pifconsultation@dfid.gov.uk.

To read the full article, visit the Third Sector website.