The Department for International Development has opened a new round of funding for small and medium-sized charities that is expected to make grants totalling £150m over the next five years.
The UK Aid Direct fund will provide £30m in grants in its first year and is expected to release a similar amount of funding over each of the following four years.
The scheme is open to any charity that has had an income of less than £1m a year for the past three years.
Justine Greening, international development secretary, announced the fund in Cardiff today at the first in a series of nationwide events aimed at encouraging smaller charities to make the most of DfID funding.
The maximum grant will be £250,000 for small charities and £4m for medium-sized organisations; the definition of size will be decided on a case-by-case basis.
The scheme replaces the Global Poverty Action Fund, which invested £30m a year over four years – it also received an extra £20m of funding in its final year.
UK Aid Direct is intended to be more flexible than its precursor and DfID is planning to make more of an effort to promote the scheme to smaller charities.
No particular regions or countries are being targeted for the grants, but funding is expected to follow DfID’s priority list, which includes Afghanistan, Rwanda, Sierra Leone and Somalia, among others.
More information about UK Aid Direct can be found on DfID’s website.
The department also recently launched a new funding finder tool, designed to provide charities with the ability to search for funding opportunities.