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Home > News > News Archive > Voluntary organisations across the East Midlands helped through the recession by £15 million Fund

Voluntary organisations across the East Midlands helped through the recession by £15 million Fund

Published: Wed, 26 Aug 2009 16:06:23

Thirty-two frontline charities, voluntary organisations and social enterprises in Derby, Leicester and Nottingham will receive grants worth up to £40,000 today to help them provide vital community services during the recession.

A women’s centre, a counselling service for unemployed young people and a project offering debt and welfare advice are among those to get a slice of the region’s £788,740 allocation from the Government’s Targeted Support Fund.

The Targeted Support Fund, worth £15 million in total, provides grants between £10,000 and £40,000 to the organisations helping those most at risk of increased deprivation due to the economic downturn.

The fund helps them provide support to their communities through a range of recession-focused services relating to information and guidance, health and wellbeing, and employment.

Overall, 558 frontline charities and voluntary organisations across the country receive grants today.

The East Midlands allocation is just over five per cent of the total allocation and reflects the region’s relative economic strength.

The Targeted Support Fund is just one of the steps being taken by the Government to provide an unprecedented level of help to charities and voluntary organisations.

Following the Action Plan ‘Real Help for Communities’, published in February, more than 1,600 organisations have been already been offered £16.7m financial support through recession focused grants, loans and bursaries.

Minister for the East Midlands Phil Hope said:

“We know how important it is to support those individuals and families who are struggling during these difficult economic times.

“As a former Minister for the Third Sector, I have seen at first hand how crucial those services provided by frontline voluntary organisations and charities are to the most vulnerable members of our communities.
“The £788,740 Targeted Support Fund allocation for the East Midlands will help more than 30 of those organisations in the region to develop and carry on their good work.”

Angela Smith, Minister for the Third Sector, said:

 “I am pleased to be able to announce that over 500 charities and voluntary organisations will today receive grants of up to £40,000 to help them deliver vital support to hundreds of people in their communities facing difficulties during the economic downturn.

“In the last six months alone, we have offered help to over 1,600 frontline organisations worth a total of £16.7m, but the real help for those voluntary organisations facing serious challenges doesn’t stop there. We will continue to offer unprecedented support to the sector through the major initiatives launched in the Action Plan ‘Real Help for Communities’.”

The Action Plan ‘Real Help for Communities’ included a targeted package of support to sustain voluntary organisations through the economic downturn and build on the Government’s long-term commitment to the third sector, which includes voluntary organisations and social enterprises.


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