Important Warning ! Big Lottery Fund The Enterprise M3 Region Since its launch, BIG Lottery fund has distributed £115,778,470 in grants to 4,476 projects.

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Presentation transcript:

Important Warning !

Big Lottery Fund

The Enterprise M3 Region Since its launch, BIG Lottery fund has distributed £115,778,470 in grants to 4,476 projects The Building Better Opportunities ESF stream is likely to be £3,854,000, split between EU funding and BIG lottery match.

Big Lottery Fund ESIF BBOBBO Why are The Fund getting involved in ESF

European Structural and Investment Fund

Who’s Who in European Funding?

Proposed activity

36 grants worth £630,000 3 Objectives; Awareness Administrative support Contact Programme Development Funding

Key components of the offer Cash match £250 Lottery money 1 Run a two-stage competitive grants process 2 Offer Lottery development grants 3 Provide support to applicants throughout 4 Offer different application windows 5 Simplify reporting and monitoring requirements 6

£250m cash match funding £250m Lottery money £300m ESF money

2-stage competitive grants process Outline proposal Detailed proposal

Lottery development grants Outline proposal Lottery money Detailed proposal

Support for applicants Outline proposal Lottery money Detailed proposal Set-up phase

Different application windows Timescales appropriate to the projects not projects to the timescales

Simplified monitoring Standardised tools, processes and systems

Proposed timelines

Next Steps.....

Questions

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