Following the completion of the expression of interest stage responses we are now seeking full applications to the Fair Chance Fund from selected shortlisted providers. A list of the organisations and consortiums invited to lead full Fair Chance Fund bids is available on the expression of interest page.
Grant applications may range in size from a minimum £500,000 to a maximum £3 million. We anticipate awarding between 5 and a maximum 15 grants, with a total value of up to £15 million over the life of the fund.
Successful bids will need to show clear evidence that they will provide additional support to a group of homeless young people with significant support needs, who are unlikely to otherwise be suitably accommodated and who are not receiving adequate help to turn their lives around.
They will also need to demonstrate clear local authority commitment to a robust referral process which can be established and running by January 2015. Full bids will need to have full local authority support in each of the areas they want to work.
Bids funded through social investment will have a much greater chance of success. Attracting social investment to support applications is likely to require detailed analysis of proposed interventions and their projected impacts prior to submitting a full application.
We cannot accept full bids that do not include an organisation successful at the expression of interest stage as a main service provider.
The deadline for receipt of applications is 10am, 1 September 2014.
The Fair Chance Fund is designed to test this new and innovative approach to service delivery across a range of areas and for a range of client groups. We expect to support bids right across the country with a spread of provision across the South, London, the Midlands and the North of England.