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May 2004

'Futurebuilders'

An Investment Fund for Voluntary and Community Sector Public Service Delivery

What it is
Futurebuilders is a £125m fund that will deliver an increase in the scale and scope of the public services delivered by the voluntary and community sector (VCS). It will do so through taking an investment in exemplars in VCS service delivery operating in five priority service areas.
 
The emphasis will be on step change within front-line service providing organisations so that they can deliver improved, and sustainable, services for users.

Finding out more about it
Responsibility for the Futurebuilders fund within government lies with the Active Community Directorate (ACD) in the Home Office.

The fund is managed outside government by a consortium of organisations selected for their experience of the VCS under the name of Futurebuilders England.

Futurebuilders announced its first group of investment offers totalling over £4.2m on 22 March. A further 100 investment offers totalling £35 million will be made by the summer, followed by a larger round of applications. The government has made an additional commitment of £90 million to continue investment in Futurebuildres over the spending Review 2004 period.

For further information please visit the  Futurebuilders England website .

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