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Wired Up Communities Funding Sources

Wired Up Communities Funding Sources. Learning. Social/Community Enterprises. Development Trusts. Community Groups & Residents. Rural/Urban. Housing Association. Intermediate Labour Market. Wired Up Communities Funding Sources.

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Wired Up Communities Funding Sources

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  1. Wired Up CommunitiesFunding Sources Learning Social/Community Enterprises Development Trusts Community Groups & Residents Rural/Urban Housing Association Intermediate Labour Market

  2. Wired Up CommunitiesFunding Sources Alternative Learning Providers: Capacity Building and Delivery UK online Centres: LSC - DfES announcement LearnDirect - £2-3k per month for example - future model unclear ILA 2 - £70m from £100m pa - ICT only - not just college hubs - previously £200 per learner See highlights on DfES announcement

  3. Wired Up CommunitiesFunding Sources • Adult & Community Learning • ACLF? • Neighbourhood Learning in Deprived Communities Fund • NRAs this year, but wider 03/04 perhaps • £14m (Revenue/Capital = 10/4) rising to a £34m in 02/03 • enabling local LSCs to make a full contribution to the NSNR through community - based learning • improving the quality of the learning provider base, including the development of small VCOs, and the provision of NR skills & knowledge; • encouraging the take up of learning opportunities, for example through the further development of Community Learning Chests. • See highlights for illustrative examples of Recurrent & Capital

  4. Wired Up CommunitiesFunding Sources LSC: Local Initiatives Fund “build up the capacity of VCOs to act as learning providers, and proactively seek out new ones. …. .. to secure help with e.g. staff training, capital investment, curriculum development, quality assurance systems, developing new teaching approaches, or targeting new client groups through outreach recruitment. .. to develop new approaches to engaging residents in collective activities that benefit their neighbourhood (training in consultation techniques or as learning advocates) Local LSCs will need to consider providing this support a long-term basis to ensure groups are properly established on a sustainable basis”

  5. Wired Up CommunitiesFunding Sources • Probabilities of Success • BT Lifelong Learning Awards - 2@£75 + 4@25k - 3% probability • Wireless Online Networks - 1,000 EoIs - intention that 50% of those that get asked to submit a proposal will be funded • A4A - varies over time - as high as 87% of those that fill theform in correctly (also a problem on LfT & teacher checks) • So need for relationship building with key funders - LSC, LSP, GO, RDA

  6. Wired Up CommunitiesFunding Sources Learning Social/Community Enterprises Development Trusts Community Groups & Residents Rural/Urban Housing Association Intermediate Labour Market

  7. Wired Up CommunitiesFunding Sources • Community Enterprise • Pilot projects to take a range of grant-sustained community-led organisations & give them the chance to become self-sustaining institutions, given the right level of financial backing • Investment will be used to build up asset levels and trading operations • NRU & ACU funding supported by the DTA, Scarman Trust, New Economics Foundation, Local Investment Fund and DTI’s Social Enterprise Unit, several RDAs • Aims to test ideas in NRU report that proposes £134m to back 200 community enterprises over 5 years

  8. Wired Up CommunitiesFunding Sources • Social Enterprise • DTI SEU strategy for success - sets out 3 year programme to promote & sustain social enterprise activity • SEU identified funding as one of the barriers: • “At present, many social enterprises are undercapitalised and struggle to access external finance, particularly when starting up, growing or moving away from grant dependency. Ensuring appropriate finance and funding is available to social enterprise is key to enabling the sector to develop and grow. It is central to our strategy to encourage social enterprises to move away from grant dependency and towards greater self-financing.”

  9. Wired Up CommunitiesFunding Sources • DTI Social Enterprise Unit • ”... increase the capitalisation of Community Development Finance Institutions specialising in the SE market, and encourage CDFIs to consider how they could improve service to this market; • ask the Bank of England to review the debt and equity finance available to social enterprises ... Where there are gaps or barriers …. we will take forward recommendations ... to address them; • develop a financial awareness programme for social enterprises; • .. address ... barriers to the transfer of assets to SEs; • ensure that the rules and flexibilities on clawback are fully understood and implemented.

  10. Wired Up CommunitiesFunding Sources Phoenix Fund - entrepreneurship in disadvantaged areas. £30m Development Fund 96 projects to encourage the start-up and growth of businesses in disadvantaged areas. 17 focus specifically on social enterprise; Challenge Fund to help resource CDFIs; Community Development Venture Fund CSR 2002 = extra £50m to extend the Phoenix Fund for a further two years from March 2004 - 10 themes for CDFIs See highlights for more on themes

  11. Wired Up CommunitiesFunding Sources Community Development Finance Institutions: Local Investment Fund Regional Community Loans in North West “loans from £15,000 to £80,000 to not-for-profit organisations with a viable plan for a community enterprise which helps with economic regeneration or social inclusion.” EQUAL & Social Enterprise Social Enterprise Partnership GB - £3.8m - funded by ESF, SBS, RDA & LA for 3 years - involves DTA, Co-operative Union, SEL, LGA, NEF & Social Firms UK

  12. Wired Up CommunitiesFunding Sources • EQUAL & SE = 2 Development Partnerships • The Social Enterprise Partnership GB will: reduce local duplication and overlap of services formalise and consolidate practitioner-to-practitioner support use extranets and other forms of ICT to deliver support and create peer networks. Creating a project portal create new national standards (e.g. certificate of financial competence) establish a national body of knowledge on social enterprise

  13. Wired Up CommunitiesFunding Sources • EQUAL Development Partnerships • Support for the Social Economy in the Eastern Region (SSEER) • will: “Activity will, involve testing innovative ways of accessing start-up business/community finance, mainstream business support and training for social entrepreneurs, staff and volunteers. This will create sustainable capacity and build social capital leading to labour market integration for some of the most hard to reach and excluded communities.”

  14. Wired Up CommunitiesFunding Sources Learning Social/Community Enterprises Development Trusts Community Groups & Residents Rural/Urban Housing Association Intermediate Labour Market

  15. Wired Up CommunitiesFunding Sources • Development Trusts are defined as organisations which are: • engaged in the economic, environmental & social regeneration of a defined area or community • independent and aiming for self-sufficiency • not for private profit • community-based and owned • actively involved in partnerships between the community, voluntary, private and public sectors

  16. Wired Up CommunitiesFunding Sources Development Trusts Funding comes from: Objective 1 ESF ERDF SRB

  17. Wired Up CommunitiesFunding Sources Learning Social/Community Enterprises Development Trusts Community Groups & Residents Rural/Urban Housing Association Intermediate Labour Market

  18. Wired Up CommunitiesFunding Sources Community Fund Up to £60k Small Grant Schemes £5 - 10k For Example A4A Global Grants Local Network Fund Carnegie UK Trust All empower, generate participation, activity, community events & publications - leads to content, online interaction & transactions - celebration via community websites - raising self-esteem & changing self-image

  19. Wired Up CommunitiesFunding Sources Learning Social/Community Enterprises Development Trusts Community Groups & Residents Rural/Urban Housing Association Intermediate Labour Market

  20. Wired Up CommunitiesFunding Sources Rural ERDP: Vocational Training ERDP: Basic Services - £3k - £500k - childcare, ICT links (broadband a possibility - but has to objective-driven - I.e. what is the broadband content strategy & how will the existence of broadband bring revenue into the rural area) Leader + ? See highlights for more details on VT & RES Urban Knowledge & Skills programme NDC NRF Community Learning Chests

  21. Wired Up CommunitiesFunding Sources Learning Social/Community Enterprises Development Trusts Community Groups & Residents Rural/Urban Housing Association Intermediate Labour Market

  22. Wired Up CommunitiesFunding Sources Community & Enabling Grants (CTE) develop better ways of giving residents more control of their housing - ... in decisionmaking, and in trying out new ways of doing things get residents involved more effectively in regeneration and investment projects support initiatives for residents to be involved in your strategies, community planning More likely to be interested in those WUCs where they have already had involvement HA would also have to be performing well in it’s core functions

  23. Wired Up CommunitiesFunding Sources Learning Social/Community Enterprises Development Trusts Community Groups & Residents Rural/Urban Housing Association Intermediate Labour Market

  24. Wired Up CommunitiesFunding Sources Intermediate Labour Market - JRF findings Properly managed, they can deliver better outcomes, in particular, a more sustained progression from welfare to work than other programmes for the long-term unemployed. Although getting long-term unemployed people back into work is the main objective of three-quarters of ILM programmes, many also provide additional local services and therefore contribute to neighbourhood regeneration. Setting up and managing ILMs requires strong local partnerships and lead bodies, the development of a robust delivery infrastructure and skilled and capable managers.

  25. Wired Up CommunitiesFunding Sources Activities include environmental work, childcare, town centre guides, IT services, sports and community work. Compared with other labour market initiatives for the same target group, ILM programmes offer equivalent or better value for money after adjustments are made for the value of the services provided, the higher job placement and durability of employment rates and the higher incomes gained. The main problems facing those setting up and operating ILM programmes is the complexity associated with funding packages and monitoring requirements and the absence of secure funding sources.

  26. Wired Up CommunitiesFunding Sources • ILM projects rely on packages of funding from various sources • There is no single funding source for an ILM programme. • Most programmes used resources from at least three of: • Govt training and employment programmes, such as New Deal • European structural funds (Objectives 1, 2 & 3) • Regeneration funds (NDC) • Service delivery funds, i.e. payment or grants related to the work being done (activity-specific funding {LA, Landfill Tax etc}) • Seventy per cent of programmes used a mixture of New Deal and • European funding

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