Rural Community Enterprise Challenge Fund

Esmée Fairbairn Foundation, in partnership with the Development Trusts Association, is inviting applications for the new Rural Community Enterprise Challenge Fund. This exciting initiative is targeted at development trusts serving rural and semi-rural areas. The initiative aims to accelerate the growth of development trusts with a good track record and the potential to sustain a successful community enterprise. It aims to enable a trust to take advantage of an opportunity in their area, thus helping to improve its financial sustainability, community impact and ability to tackle disadvantage in their communities. The programme will run over three years. It is anticipated that approximately 10-12 grants of various sizes will be awarded. The average grant is expected to be around £90,000 for up to three years. The deadline for expressions of interest is 22 June 2007 and the deadline for full application submission: 14 September 2007. For further information please visit the website link below.