The funding is to help frontline third sector organisations increase their impact and become more resilient through working more closely with others. It is targeted at third sector organisations providing services that meet the needs of those affected by the recession.
How much is on offer? A total of £16.5m is available. Bursaries of £1,000 are available in phase one. Organisations that have gone through phase one will, from the autumn, be able to apply for grants of a further £10,000 towards collaboration or mergers.
What will it fund? It will help organisations explore how they can work more closely together. The £1,000 should be able to buy two days of advice and support.
Who can apply? Frontline organisations with a turnover of £150,000 to £750,000, which provide services that meet the needs of people affected by the recession. The application deadline is 17 July.
Find out more: www.modernisationfund.org.uk
