Scottish Government confirms funding boost for third sector

Scotland's third sector has received a £93m boost after the Scottish Parliament approved the first budget from the country's new Government.

The Scottish Government’s budget pledges to invest the funding over a three-year period.

The £93m total includes a new £30m Scottish Investment Fund, which it is hoped will make social enterprises “more sustainable in the longer term and better placed to deliver quality public services”.

John Swinney, the finance secretary, said the budget would “ensure we can deliver policies that will boost investment in the voluntary sector”.

But Lucy McTernan, deputy chief executive of the Scottish Council for Voluntary Organisations, said there was uncertainty in the Scottish third sector regarding future funding because more responsibility for allocating cash was being given to local authorities.

“Will local authorities approach it in a spirit of stability or will they cut costs?” she asked.

McTernan added that the SCVO was meeting a number of organisations regularly, including the Convention of Scottish Local Authorities, to discuss strategy.

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Already registered?
Sign in

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus
Follow us on:
  • Facebook
  • LinkedIn
  • Twitter
  • Google +

Latest Jobs

RSS Feed

Third Sector Insight

Sponsored webcasts, surveys and expert reports from Third Sector partners


Expert Hub

Insurance advice from Markel

Cyber and data security - how prepared is your charity?

With a 35 per cent rise in instances of data breaches in Q2 and Q3 last year, charities must take cyber security seriously

Third Sector Logo

Get our bulletins. Read more articles. Join a growing community of Third Sector professionals

Register now