community groups

Volunteer Community Groups

Community Investment Scheme targets Businesses

The Government is encouraging small businesses to invest in voluntary and community groups by promising to match their donations from a £50 million funding pot. The scheme, launched by the Cabinet Office, will see donations from businesses invested in endowment funds before being made available to community groups in 2011. Business contributions will be matched by Government when local funding bodies reach their fundraising targets. If all the targets are met, that will release the full £50m of Government money into the scheme. It is hoped that with sound investment the £100m of matched funding will be worth £150m by the time it starts paying out. The initiative is part of a wider £130m Grassroots Grants scheme to be administered by the Community Development F... »