Funding news

Transition Fund to increase by £7m - 22 March 2011

The government’s Transition Fund, set up to help charities that are suffering because of cuts in public funding, will be increased by £7m and 183 charities will share £15m from the fund.

The additional funding, which will come from the Department of Health, will increase the total value of the fund to £107m.

New applications will not be accepted for the additional £7m. It will be allocated to successful applicants that submitted bids by the fund’s 21 January deadline.

Francis Maude, the Minister for the Cabinet Office, said: "The additional £7m from the Department of Health means that we can respond positively to all the strongest Transition Fund applications at this stage."

The Cabinet Office has also announced the names of 183 charities that will share the second round of awards, totalling £15m, from the Transition Fund.

The biggest awards from the latest round of funding were:

  • £349,000 for the parenting advice and support charity Family Lives
  • £327,000 for Advocacy in Wirral
  • £300,000 for the Great Yarmouth Community Trust, which provides a range of community services.

More than 1,700 organisations have applied for Transition Fund money, of which 1,414 are charities.

Eighteen charities shared £1.7m under the first round of awards, announced in February.

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