26 October 2020
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Charities from across Britain have today been given top tips to help them apply to the £3 million Postcode Recovery Fund ahead of the application deadline of 30 October.
The fund, which has been made possible thanks to players of People’s Postcode Lottery, is looking for charity ideas to help communities across Britain recover from problems highlighted or exacerbated by Covid-19.
Joe Ray, Social Investment and Innovation Advisor at People’s Postcode Lottery, shared what he is looking for when it comes to a successful application:
“Firstly, the charity must be able to clearly identify how their project will tackle the systemic societal problems that have impacted communities as a result of the pandemic. It must be clear how the project will benefit those most in need.
“Secondly, we are looking for projects that are truly innovative. The more impactful and original your proposal, the more likely it is to be shortlisted to stage two.
“Finally, charities must ensure that their applications clearly demonstrate what the tangible impact of the project will be after 12 months. It is so important to evidence in your application the legacy your project will have.”
Priority areas for support include educational inequalities, homelessness, domestic violence, health and wellbeing, poverty, social exclusion and isolation. Applications where there are other clear benefits to the community will also be considered.
The funding for the Postcode Recovery Fund will come from the Postcode Dream Trust, which was created to provide opportunities for charities to deliver their dream projects through collaboration. The trust’s work has been realigned this year to support Covid-19 recovery efforts.
Charities from across Britain are eligible to apply for funding and must have an annual income of at least double the amount they are applying for.
Funding from the scheme, ranging from £500,000 up to £1 million, will be offered over two years from 2021. Successful applications to the Postcode Recovery Fund will be announced in March 2021. Visit www.postcodedreamtrust.org.uk for more information.