Growing your trust can be a difficult and expensive process, but now you have a great opportunity, the Department for Education has just announced a new funding pot of £17m called the Trust Capacity Fund (TCaF) which supports trust growth and development across the country. If you’re in search of funding to expand your trust, TCaF can support your plans. The application process for this funding is now open and will close on 31 December 2019.
The Condition Improvement Fund (CIF) has an annual bidding round for single academies, small multi- academy trusts and sixth form colleges, to apply for grant funding to support with improving the conditions of their facilities and ensuring that buildings are safe and fit for purpose. This funding is available annually and bids are submitted between October-December. The CIF has previously addressed numerous health and safety issues in various academies and sixth form colleges throughout England.
It can often be a difficult and lengthy process for schools to gain access to new funding. If you’re looking for additional funding for a development project, we can assist you. Using the expert knowledge and experience of our grant finding partner Reach 4 Grants (R4G), we can help you secure funding to suit your needs.
In previous years, the bidding round for the Condition Improvement Fund (CIF) has opened around October half term and closes just before Christmas. If you wait until the bidding window opens, it doesn’t leave much time for you to plan your project and write a successful bid. Why not start now?
If you are a standalone academy or a small multi-academy trust do you know how to apply for the funding? Do you know why you should apply for the funding?
If not, then read on, SAAF Education will answer everything.
It’s no secret that schools, academies and trusts face an onslaught of challenges to balance their budgets. If it’s not a cut in funding, it’s an increase in costs.
Even the most successful educational establishments in the country still have trouble facing the constant financial threats, so how do they manage to stay afloat and escape deficit?
High energy bills can be a cause for concern when it comes to your budget and carbon footprint. Switching to energy efficient solutions can help reduce this, but with increasing budget pressures, making the switch is a luxury most schools can’t afford.
Salix, a not-for-profit organisation, helps remove this obstacle by offering interest-free loans to schools and academies who wish to reduce their energy consumption.
In order to provide additional funding to trusts to help improve schools and increase social mobility, the DfE has created the Multi-Academy Trust (MAT) Development and Improvement Fund (MDIF).
However, there are strict guidelines for what the funding can and cannot be used for, and what must be done in order to acquire it. In this blog, we aim to breakdown the requirements to provide an understanding of whether or not you should apply.