Funding news

First Transition Fund awards announced plus rumours of future funding - 16 February 2011

The government has awarded a total of £1.7m from its £100m Transition Fund to 18 charities.

The largest grant is £198,899 to Bede House Association, for the full list click here.

The government said it was keen to get the Transition Fund out as soon as possible and would announce many hundreds more grants over the coming months.

Nick Hurd, minister for civil society, said the organisations who were awarded funding had shown innovative approaches such as setting up social enterprise arms or proposing mergers.

Cabinet Office minister Francis Maude added: 'The Transition Fund is not intended to be a substitute for public funding cuts, made necessary by the deficit we inherited, but it will help to ensure that valuable civil society organisations will have some support from the state prior to the opening up of public sector markets.'

For the full article click here.

Minister for civil society Nick Hurd has confirmed that the government is considering 'topping up' the Transition Fund but warned that there are 'limited means available'.

Speaking at a Public Administration Select Committee meeting on funding the voluntary sector in the House of Commons, Hurd also revealed that there were 1,700 applications to the Transition Fund totalling £170m.

See Civil Society article