Big changes start locally

Making a Splash

Making a Splash - in Norfolk

Here at the Virgin Money Foundation, we’re on a mission to support community regeneration by backing the people who can make big changes happen locally and we are going back to our roots. The seed that grew into Virgin Money was planted in Norwich in 1995 and the city is still home to many colleagues from across the bank.

This spring the Foundation launches a new £500,000 grants programme to enable organisations working in community regeneration across Norfolk to think outside the box, helping to develop new initiatives and sustainable enterprises.

We are looking for ambitious locally-led voluntary, community or social enterprises, who want to explore new ways of working within the community or generating income and, by doing so, achieve greater impact. You may have plans to develop new social enterprises, support more beneficiaries, spread your work into a neighbouring town or work with completely new clients. Or you might want to take on a new asset or build a partnership with a like-minded charity. With the Foundation’s support you will be able to turn these ideas into action.

The fund will provide organisations with grants of up to £50,000 to be spent on staff time for scoping, designing and launching the new work, the capital costs of transforming a building or the start-up costs of a new enterprise.

Successful applicants will also be paired with a Critical Friend to help you access skilled volunteers and ensure you get the maximum from your relationship with the Foundation.

To apply you will need to complete the on-line application form describing your idea by 29th June 2018. Applications will then be shortlisted. The strongest applicants will present their ideas to a panel in September.

Can my organisation apply?

We expect to get applications from Charities, Social Enterprises, Community Interest Companies and Industrial and Provident Societies.

We are unlikely to fund national programmes or organisations that are not already “rooted” in a deprived community in Norfolk. We will not fund work primarily supporting a community of interest.

A successful applicant will need to demonstrate that:

  • Your organisation is strongly rooted in your local community.
  • The work you propose to do is charitable.
  • What you plan to do will make a real and measurable impact in a deprived community.
  • You have systems in place to measure this impact.
  • You have plans in place for when the money comes to an end.

What isn't eligible

Ready to apply?

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