A £1.7m Resilience Fund to help Scottish third sector organisations survive the recession has been announced by the Scottish Government.
Grants of between £10,000 and £100,000 will be available from late October to previously financially viable organisations that are struggling to cope with increased demand for their services as a direct result of the recession.
There will be no restriction on the size of the organisations that can apply, but they must have unrestricted reserves amounting to less than six months' running costs.
The money for the fund, which will be open for applications for only five weeks, is being taken from the Scottish Government's existing £12m Third Sector Enterprise Fund, established to build the capacity of small sector organisations.
Lucy McTernan, deputy chief executive of the Scottish Council for Voluntary Organisations, said she welcomed the fund.
"We are a resilient sector, but the effects of the recession have not passed us by," she said. "Demand for our services is up and income is falling. This fund will go some way towards helping to support voluntary organisations providing front-line services for the most vulnerable and hard-to-reach members of our society."
Potential applicants can contact Mary Lyden on 0141 305 4176.