# Next Modernisation funding to open soon

- Link: https://fundraising.co.uk/2007/06/06/next-modernisation-funding-open-soon/
- Published: 2007-06-06T23:00:00+01:00
- Author: Howard Lake

The Department of Social Development’s next round of Modernisation funding for the
voluntary and community sector in Northern Ireland will be opened during the summer,
with the first grant payments to be made early in January 2008.

The objective of the Fund is to support voluntary and community organisations to
modernise so as to allow them to become more sustainable and deliver new and better
services in an era of change. The original outline of the capital fund suggested
funding for improving access; youth facilities provision; partnership and collaboration;
cost reduction and income generation; and the development of good relations between
and within communities.

There was also a commitment to investing £3million of the funding available to the
capital programme on providing or improving youth facilities in disadvantaged areas(
Renewing Communities initiative). This investment will be managed across the schemes
making up the programme.

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The Modernisation Fund capital grants are expected to offer funds in 3 expenditure
bands of:

Small: £10,000 to £100,000 (£3m budget)

Medium: £100,000 to £300,000 (£3m budget) and

Large: £300,000 to £1.5m (£9m budget). The Programme seeks to fund capital projects(
up to %100 funding).

Deadlines for applications are expected to be in October.

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