The People’s Postcode Lottery is inviting charities to apply for grants totalling up to £2m – including one award of £1m – to finance "dream projects" they have always wanted to set up but have never had the money for.
The Dream Fund 2016 is offering three grants, which are expected to consist of one of £1m and two of £500,000 apiece, to support projects that fit with one of the six charitable purposes of the PPL. These are: community development, environmental protection, health, human rights, participation in sport and poverty prevention.
The PPL said it wanted charities to collaborate, so all applications would have to come from at least two organisations working together to set up a project, at least one of which should be a charity or not-for-profit organisation.
Funding from the scheme, which is in its sixth year, will be offered over two years from 2016. The lead partner’s annual income must be at least three times the amount applied for, PPL said.
Applications can be submitted between now and 22 September and more information about the application process can be found here.
The successful projects will be announced in January.
Clara Govier, head of charities at the PPL, said: "In challenging times for the charitable and voluntary sector, I am very proud today to launch The Dream Fund 2016 Award. The players of the People’s Postcode Lottery have helped bring to life the opportunity for charities and community groups to make possible the project they have always dreamed of, but could not fund."