The BIG Fund will distribute grants from the new £100m Transition Fund that aims to help small and medium-sized charities in England weather the looming public spending cuts.
The BIG Fund is the non-lottery funding arm of the Big Lottery Fund.
The Transition Fund, which was announced by Chancellor George Osborne as part of the Comprehensive Spending Review, opened for applications at the end of November and will deliver the fund over the next 13 months.
Nick Hurd, Minister for Civil Society stated that “Over time, many civil society organisations have become dependent on funding from public bodies and are now facing uncertain futures. The £100m Transition Fund will help charities, voluntary groups and social enterprises survive and be in a position to take advantage of future opportunities.”
The fund would be available to charities and social enterprises with income of between £50,000 and £10m, that have low levels of reserves and high dependence on public funding streams that are particularly vulnerable to budget cuts.
Details of eligibility and how to apply are available on the Big Fund website.
Applications close: 21 January 2011