A wide range of investors have backed a Cabinet Office proposal to set up a risk capital investment fund for the 55,000 social enterprise businesses in the UK. The proposal describes an equity-like investment scheme where Government funding will be matched by private investment.
The Department of Health has published details of the Investment Programme for third sector organisations working in areas which are the responsibility of the Health Service and local councils.
The document helps third sector organisation decide if this funding stream is applicable to both their organisation and the proposed activity for which they are seeking funding. It sets out the funding themes for 2009-10, the priority areas for each theme and the criteria to be used for assessing applications. A timetable is provided for the whole process from application through to decision.
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