Posted in: General News
More than 115 organisations to benefit from Enterprise Ready Fund.
Grants totalling £6 million have been awarded to over 115 enterprising third sector organisations, Finance Secretary John Swinney confirmed today.
The fund provides continued support to enterprising third sector organisations across Scotland. The support builds on the Scottish Government commitment to promote a sustainable, capable and enterprising third sector.
Mr Swinney said:
“We had a great response to the Enterprise Ready Fund and I would like to congratulate all organisations that have been successful in securing grants.
“Each and every one of the recipients are working in their own unique way to become more self-sufficient but more importantly for me, they are creating change at a local level. We can look forward to a future where these organisations play a full role in public service reform.
“We strongly believe that an enterprising third sector is vital to our economy, to civic society and in the creation of a fairer and more inclusive Scotland. That is why we have invested heavily to help the sector develop further.
“Organisations like Move On which operates across Scotland to deliver a range of support and advice services to those affected by or at risk of homelessness are excellent examples of how the sector is helping to create a fairer and more inclusive Scotland. This investment will help them deliver important services and opportunities to people across the country.”
Foundation Scotland’s Chief Executive Giles Ruck said:
“We were encouraged by the high volume of applications received and are delighted that the fund is supporting such a variety of enterprising third sector organisations. We look forward with great anticipation to seeing the difference these awards will make in communities throughout Scotland.”
The Enterprise Ready Fund, which closed to applications in June, is distributing £6 million during 2013 to 2015 to help maintain, develop and grow enterprising third sector organisations. Grants of up to £250,000 were available to support new, emerging, developing and established organisations to become more self-sustaining and grow.
The Enterprise Ready Fund is helping organisations to develop, become more efficient and self-sustaining, or diversify into new markets. Priority is being given to activities that contribute towards the Scottish Government’s Prevention and Welfare Reform agendas.
The fund is being delivered by a consortium of third sector organisations led by Foundation Scotland in partnership with Community Enterprise in Scotland (CEiS), Developing Strathclyde Ltd (DSL) and the Social Value Lab.
Further information and full details of the Enterprise Ready Fund and successful awardees can be found at: http://www.foundationscotland.org.uk/programmes/the-enterprise-ready-fund.aspx