sufina ahmad, big lottery fund - building better opportunities presentation (4 dec 2014)

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