[cma-l] New Fund to Help Scottish Third Sector Combat Recession

[CMA-L]

Third sector organisations in Scotland that are affected by the
recession can apply for support from a £1.7 million Resilience Fund.
Grants of between £10,000 and £100,000 will potentially be available
to third sector organisations which can demonstrate:

    * How the recession has led to increased demand or significantly
undermined their services
    * Any increased pressure on their services as a direct result of
the recession
    * That prior to the recession they were a viable organisation with
a proven track record of delivery over two years
    * What caused the problem, and their proposed solution including
the submission of a detailed Recovery Plan
    * They have unrestricted reserves equating to less than six
months' running costs of the organisation
    * The requirement for the Resilience Fund and their longer term
viability with certification by an auditor or chartered accountant to
that effect
    * Appropriate safeguards are in place for both the expenditure of
funding and, if the need arises, recovery.

The fund, which will be open for five weeks from late October, is
being delivered as a ring-fenced part of the £12 million Third Sector
Enterprise Fund.

Organisations seeking information on the funding, or potential
applicants, should contact Mary Lyden on 0141 305 4176 or Polly
Chapman on 01463 663918.

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