Big Lottery Fund calls for regional applications for £15m Building Better Opportunities fund
The Big Lottery Fund opened funding applications today for a regional £15m fund to tackle social exclusion and long-term unemployment in Derby, Derbyshire, Nottingham and Nottinghamshire.
The funding is part of BIG’s Building Better Opportunities Fund which matches money provided by the European Social Fund to provide investment for 71 local projects across England.
Today’s £15m fund annoucement is provided jointly by BIG and D2N2 Local Enterprise Partnership.
Funds will be made available through three programmes – including £7.4m for a Towards Work Project, providing support for 18 to 24-year-olds and over 40s to get back into work.
A further £4.6m is allocated to a multiple and complex needs programme, for people struggling to get work due to health, family care, homelessness or confidence issues.
Some £3m will go towards a financial inclusion programme which aims to teach people in financial difficulties to better understand, plan and manage their personal finances.