Transition Fund Award

The Cabinet Office announced today that BFE are one of the first beneficiaries of the Transition Fund.

Francis Maud said:

‘A key part of the Big Society is encouraging a strong, independent voluntary sector and the one of the best ways to support this is to open up new markets for civil society organisations to deliver public services. There will be enormous potential for civil society organisations in the future, but the transition to these new funding streams will not happen overnight.

The Transition Fund is not intended to be a substitute for public funding cuts, made necessary by the deficit we inherited, but it will help to ensure that valuable civil society organisations will have some support from the state prior to the opening up of public sector markets.’

The award will further support an ambitious reshaping of the organisation to address the challenges and opportunities of the new public services landscape and to deliver on the organisations community regeneration mission.

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