Applications open for £2.5m Dream Fund

The People's Postcode Lottery's Dream Fund 2017 is expected to consist of at least one grant of £1m and up to three of £500,000 for two organisations or more working together

Charities and community funds will have the chance to apply for grants totalling £2.5m from the People’s Postcode Lottery Dream Fund, which launches its 2017 application process today.

The Dream Fund initiative aims to get community groups and charities to work together to turn their "dream projects" into a reality.  It is offering a top award of £1m for a two-year project from a funding pot worth £2.5m in total.

The minimum amount organisations can ask for is £500,000.

The fund, which is financed by the People’s Postcode Lottery, is open to projects which fit with one of the PPL’s six charitable purposes: early child development; helping refugees in the community; conserving marine environment; reconnecting with the natural world; and engaging people with arts culture and heritage.

All applications must come from at least two organisations, one of which must be a charity with an income of more than two times the amount applied for, which will act as the lead partner. The organisations must be "innovative, creative and original", according to the fund's guidance document.

The application window closes on 15 September and the winners will be announced in January 2017.

Clara Govier, head of charities at People’s Postcode Lottery, said: "Our players continue to fund the delivery of dream projects with their phenomenal support and we are thrilled that this funding round will now see over £7m awarded to good causes since the launch of Dream Fund seven years ago."

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