Futurebuilders England is funded by the Office of the Third Sector in the Cabinet Office.
How much is on offer: The fund has £1m available on a first-come, first-served basis. Organisations can apply for anything from £3,000 to £50,000 depending on the size of the contract involved. The loan is interest free provided it is repaid within three years.
What it will fund: The tender fund will help voluntary sector providers win contracts where the cost of putting together a proposal would otherwise make it difficult for them to bid.
Who can apply: The fund applies to England and is open to any voluntary and community organisations, charities and social enterprises. Anyone applying must be preparing to tender for a specific public service contract, be unable to secure a loan from a commercial lender, be reasonably likely to win the tender, be able to repay the loan and be working to benefit service users.
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