Modernisation Fund awards merger grants

More than 30 charities receive cash as part of Government's recession action plan

Thirty-two charities in the latter stages of merger and collaboration have been awarded a total of almost £320,000.

The funding was announced yesterday by the Office of the Third Sector and is part of the Modernisation Fund.

The fund is part of the Government's £40.5m recession action plan, announced in February, to help voluntary organisations cope with the economic downturn.

The grants are the first of a possible 500 of up to £10,000 each.

Non-departmental public body Capacitybuilders is administering the fund on behalf of the OTS.

Charities have until 9 November to apply. To qualify, organisations must have been among the 1,000 charities that received bursaries for £1,000 of advice on mergers and collaboration in the first phase of the Modernisation Fund.

Matt Leach, chief executive of Capacitybuilders, said: "We're really pleased to be able to make early grant awards to these organisations, all of which already have well-progressed plans for collaboration or merger."


Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Already registered?
Sign in
RSS Feed

Third Sector Insight

Sponsored webcasts, surveys and expert reports from Third Sector partners

Third Sector Logo

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

Register now