Big Lottery Fund to administer £100m Transition Fund

Office for Civil Society to accept applications from 'vulnerable' organisations at the end of the month

Big Fund
Big Fund

The government’s new £100m Transition Fund will open for applications at the end of the month and be administered by the Big Lottery Fund, the Office for Civil Society said today.

The fund, which was announced in last month’s spending review, will help voluntary organisations that are most vulnerable to short-term reductions in public spending.

Organisations with incomes of between £50,000 and £10m can apply, although how much they can bid for has not yet been announced.

"We have worked quickly to open a £100m short-term fund to help charities, voluntary groups and social enterprises make the transition to becoming providers of public services," said a statement from Nick Hurd, the Minister for Civil Society.

The BLF is one of six organisations on an OCS shortlist to administer its funds over the next four years.

Peter Wanless, chief executive of the BLF, said it would draw on the expertise of voluntary sector organisations, such as the chief executives body Acevo and the soon-to-be-abolished infrastructure quango Capacitybuilders, in distributing funds.

The fund will remain open for 13 months. Detailed eligibility criteria are yet to be announced.

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Register
Already registered?
Sign in
Follow us on:
  • Facebook
  • LinkedIn
  • Twitter
  • Google +

Latest Jobs

RSS Feed

Third Sector Insight

Sponsored webcasts, surveys and expert reports from Third Sector partners

Markel

Expert Hub

Insurance advice from Markel

Safeguarding in the Third Sector

Safeguarding in the Third Sector

Partner Content: Presented By Markel

Safeguarding - the process of making sure that children and vulnerable adults are protected from harm - is a big concern for organisations in the third sector.

Third Sector Logo

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

Register now