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Introduction
1. Background - On the Fund & Building Better Opportunities (BBO)
2. Progress Updates – What has the Fund done so far?
3. Context - What it all means
4. Next Steps
INTRODUCTION TO THEBIG LOTTERY FUND &BBO
BBO
European Structural and Investment Fund
Who’s Who in European Funding?
PROGRESS MADE SO FAR...
1. Announced PDF awards2. LEP engagement work3. Continue to finalise
Annex Bs4. Continue to finalise
MoU5. Agreeing our offer
Building blocks...
THE BIG LOTTERY FUND OFFER
£250m cash match funding
£250m Lottery money
£300m ESF money
For the VCSE sector
2-stage competitive grants process
Lottery development grants
Different application windows
Timescales appropriate to the projects not projects to the timescales
Simplified monitoring
Standardised tools, processes and systems
Recent Updates
Grants not contracts
Timescales???
Payment Models
What it means?
Applicant could be you...
1. Agree MoU2. Develop operational
and resource model3. Develop application
process4. Provide feedback to
LEPs on Annex B5. Finalise arrangements
Short Term Aims...
Feedback and Questions
Further information