# Futurebuilders England announces second round of funding

- Link: https://fundraising.co.uk/2005/05/25/futurebuilders-england-announces-second-round-funding/
- Published: 2005-05-25T23:00:00+01:00
- Author: Howard Lake

Futurebuilders England has today made its second round of investments in the voluntary
and community sector. Across England, 23 organisations are to share £8.1 million
of investments, mainly in the form of loans, to help them deliver local or national
public services.
Nearly £5.2 million of this funding has been offered to organisations
operating outside London, with a further £2.6 million pledged to national projects.

The largest investment offer was made to BID Services with Deaf People, which provides
services to deaf people in conjunction with local authorities. Futurebuilders offered
£2.5 million to support the creation of a Cultural Centre for Deaf People, which
will act as a focal point for the local deaf community.

This latest programme follows an initial investment of £4.2 million in 15 organisations
announced in February 2005, taking the total Futurebuilders investment in England’s
voluntary sector to £12.3 million, with more investments to follow over the summer.

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Futurebuilders is a Home Office-backed investment fund for the voluntary and community
sector. The fund totals £125 million. A further £90 million was announced for the
fund by the Home Secretary in March 2005, which will enable it to continue to make
investments until at least 2008.

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