A new grants programme to support activities that make a lasting impact on people’s thinking, behaviour, and money management has been launched with a limited application period.
Following a strategic review, the MSE Charity will grant awards of up to £10,000 to small and medium-sized non-profit organisations with a constitution.
Organisations should have an annual income under £750,000 and have less than six months free reserves.
Examples of activities that could be funded include:
- money management workshops – understanding the basics, how money works in the UK, online banking, staying financially safe, household budgeting, how to generate and supplement low incomes
- training volunteers to deliver workshops or to provide peer-support to others
- upskilling existing staff to access financial capability training to support their clients directly
- providing access to financial inclusion activities for people who are disadvantaged in anyway such as by age, disability, ethnicity or gender.
There are to be two funding rounds per year, with no particular grant round themes or people categories.
A two-stage application process has been introduced. To begin, a short online eligibility quiz is required which will enable eligible applicants to unlock the Stage 1 Outline Proposal form.
The current application period is set from 19 June to Wednesday 31 July 2024 but may close early if too many Stage 1 proposals are received.
The Grant Advisory Panel will notify applicants by Friday 30 August 2024.
Those invited to Stage 2 of the process will need to submit their applications by Friday 4 October 2024.
Final decisions will be advised by Thursday 21 November 2024.
Organisations can take the eligibility quiz, find links to all relevant templates, see FAQs and more information at the MSE Charity website.