Social Action Fund received 640 applications in second round

Only 16 out of 700 were successful in the first round, and Social Investment Business expects a similar result this time

Fund encourages volunteering
Fund encourages volunteering

The second round of the Social Action Fund received about 640 applications for £11m of funding in the month that it was open, the Social Investment Business has revealed.

Only 16 organisations out of 700 were successful in the first round of grants given out by the fund, which is administered by the SIB, receiving slightly more than £9m between them. A similar number of applicants are expected to be successful in the second round, which closed to applicants earlier this month.

The SIB was responding to questions from Third Sector about the fund, which will make grants of between £100,000 and £2m to organisations with programmes that encourage people to volunteer in their communities, particularly schoolchildren, university graduates and professionals on the point of retirement, and those who do not normally volunteer.

The decision-making process involves the SIB providing information to a Cabinet Office advisory panel, which makes recommendations to the Office for Civil Society, which makes final decisions on who receives grants. Announcements on the latest round of successful applicants are expected in March.

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