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£2.3 million grants awarded to third sector

12 February 2014

Scottish Government Logo NewsGrants totalling £2.3 million have been awarded to 67 enterprising third sector organisations, John Swinney confirmed today.

The £6 million Enterprise Ready Fund, which opened to applications in September, builds on a number of current initiatives the Scottish Government has in place to continue to support a sustainable, capable and enterprising third sector.

The Cabinet Secretary for Finance, Employment and Sustainable Growth said:

“I would like to congratulate the 67 organisations which have been successful in securing grants from the Enterprise Ready Fund, ensuring the impact of these investments will be felt across Scotland.

“We believe that an enterprising third sector is a vital partner in our economy, in 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.

“We have had a great response to the fund so far and I am keen to remind new, emerging and established third sector organisations that they have until 16 June to apply for funding. I hope that by investing in the third sector and enhancing its self-sufficiency we can look forward to a future where these organisations play a full role in public sector reform."

Foundation Scotland’s Chief Executive Giles Ruck said:

“We are delighted with the wide variety of applications we have received so far, which showcase the innovative ways organisations plan to use their awards to make a real difference to the people and communities they serve.

We hope this initial announcement will encourage new or developing third sector organisations to apply to the Enterprise Ready Fund before it closes on the 16th of June."

Notes to Editors

The Enterprise Ready Fund will distribute £6 million during 2013 to 2015 to help maintain, develop and grow enterprising third sector organisations. Grants of up to £250,000 are available to support new, emerging, developing and established organisations to become more self-sustaining and grow.

The Enterprise Ready Fund will help 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.

Visit our Enterprise Ready Fund page for further information. 

View a full list of all the awards made by the Enterprise Ready Fund up to January 2014

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