Public Service Mutuals receive £1m funding boost
Organisations that are aiming to establish themselves or expand as Public Service Mutuals can now apply for a share of £1 million in funding.
The fund follows the launch of the successful Mutuals Support Programme in January. This fund provided 12 organisations with support to set up or grow as Public Service Mutuals.
Tracey Crouch, Minister for Sport and Civil Society, said:
We want to support the development, growth and sustainability of mutuals. Our funding boost has already enabled dozens of organisations to flourish.
This next round will strengthen our commitment and allow many institutions, staff, and their customers, to benefit from more independence, faster decision-making and less bureaucracy in the future.
To apply for funding email the Mutuals Team at the Department for Digital, Culture, Media and Sport on: mutuals@culture.gov.uk.
Funding will be open until 17.00hrs on Friday 29 June.
ENDS
NOTES TO EDITORS
Public service mutuals are organisations that have left the public sector but continue delivering public services.
To apply for support from this programme you must currently, or intend to, fulfil our definition of a Public Service Mutual, which is an organisation that: i) has left the public sector (also known as ‘spinning out’) ii) continues to deliver public services and aims to have a positive social impact iii) has a significant degree of staff influence or control in the way it is run.
If you’re an existing mutual, you must be in your first five years of operation, or delivering your original or extended contract which has not been retendered, or both.
You must be able to demonstrate how support from this programme will help your organisation grow or diversify its operations.
All applicants will be required to demonstrate their commitment to their project and the mutual model by providing matched funding, in cash, towards the support needed.