BIG announces £110m fund for older people

30 Sep 2011 News

The Big Lottery Fund has announced a £110m package for initiatives which help older people.

The Big Lottery Fund has announced a £110m package for initiatives which help older people.

An initial tranche of £10m will be distributed in to up to 30 organisations, and the progress of these initial projects will determine how the remaining £100m will be spent.

Grants of between £50,000 and £200,000 will be made to projects to be rolled out over a 12- to 18-month period. The most successful five projects will be given additional funding of up to £1m to scale up.

BIG is expecting to receive applications for initiatives which involve experimenting with new ways of working with older people with the aim of helping them manage in changing circumstances and encouraging participation in the community.

Nat Sloane, chair of the Big Lottery Fund England, said: "Today's announcement of the biggest single Lottery good cause investment in older people is a big priority for the Fund and the communities we serve."

Charities have until 28 October to submit applications for this first round.