Flexible Funding is a small grant scheme funded by One NorthEast which can provide payments of between £150 and £500 to help people to overcome barriers that stop them from being able to consider self employment as an option.
Applications must be supported by a recognised intermediary and your organisation is invited to consider acting in that role.
The fund will be open for applications from Friday 1 May and is expected to remain open until 31 March 2010.
PNE Group is managing Flexible Funding on behalf of One NorthEast. Further information, including downloadable application form, guidance notes and frequently asked questions, is available on the PNE website at:: www.pne.org/flexiblefunding
Initial points to note are:
- The Fund aims to be flexible on what costs it might help people with. Each application will be considered on its merits. While the funding cannot be used to pay for capital items, such as mobile telephones and laptop computers, it may be appropriate to fund expenditure such as training, travel and childcare.
- Successful applicants must hold a bank account in their name into which any funding agreed can be paid.
- All applications for Flexible Funding require the support of an intermediary organisation in order to demonstrate both a clear need for the funded support and how that support would lead to future enterprise activities.
- Faxed or e-mailed applications will not be acceptable.
Detailed information about Flexible Funding is online at: www.pne.org/flexiblefunding
If you have any additional queries, the main PNE Group contacts are:
Les Johnson tel: 0191 230 6400 e-mail: les.johnson@pne.org
Andrew Mavill tel 0191 230 6402 e-mail: andrew.maville@pne.org
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