Improving Financial Confidence
Big Lottery Fund launches ‘Improving Financial Confidence’ programme (application deadline 16 September)
The Big Lottery Fund has launched a £30m fund for projects in England aimed at helping families and individuals avoid financial difficulty.
The Improving Financial Confidence programme, launched on 25 May, will offer grants worth between £500,000 and £1m for projects lasting between three and five years, which will be delivered by partnerships led by voluntary sector organisations.
The aim of the programme is to give people more confidence and skills in accessing and using financial services, such as bank accounts and affordable loans.
The fund will focus on helping social housing residents, in particular those who have been moving in and out of work, are in the first 12 months of their tenancies or who are young. It will target 69 local authority areas that have been identified as having the most financially excluded residents.
Voluntary sector partnerships are expected to include at least one major housing association and other relevant organisations from the area.
Organisations interested in applying for funding from the programme should visit www.biglotteryfund.org.uk.
Applications will be accepted until 16 September, with awards being made a few
months after that, a spokeswoman for the BLF said.
last updated on 26th May 2011