Funding of £3m available to support 'dream projects' by charities

The funds come from the People's Postcode Lottery and grants of up to £1.5m are being offered

Charities and community groups can apply for a share of £3m to fund innovative and creative projects from the People’s Postcode Lottery's Dream Fund from today.

The PPL is looking give out grants of between £500,000 and £1.5m to organisations working in partnership to deliver what they see as "dream projects" over three years.

Applications must come from two or more organisations, with a registered charity leading the partnership.

As well as being "innovative, creative and original" and a "genuine dream", the project should be seeking "to achieve systemic change by addressing an important social or environmental problem through innovation and collaboration", the PPL said in a statement.

The lead partner must have an annual income of at least twice the amount the project is applying for, but there is no maximum income for applicants.

Laura Chow, head of charities at PPL, said: "This announcement marks the start of an exciting process that will see £3m raised by our players awarded to truly inspirational projects.

"The Dream Fund has made a remarkable difference to so many projects over the past nine years, and I have no doubt that we’ll see many more bold and courageous ideas submitted this year."

Applications for the fund close on 15 October, and the best applicants will be asked to submit more detailed applications by 6 December.

Shortlisted applicants from this stage will then be asked to give presentations to the assessment panel in January.

The successful projects will be announced in March.

More details about the fund can be found on the website of the Postcode Dream Trust, which is administering the money. 

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