Big Lottery Fund launches new £1.5bn England funding strategy

Thursday, 10 May 2012 9:03 AM

The Big Lottery Fund has today launched a new, £1.5bn England funding strategy to ensure that every pound spent on good causes gets maximum value for money in tough economic times.

Dharmendra Kanani, England Director at the Big Lottery Fund, launched the strategy at the ‘Wisdom of Prevention’ conference, co-hosted with the New Economics Foundation, which focuses on the importance of early intervention.

Mr Kanani, who was joined at the event by speakers including Margaret Hodge MP and Lord Turner, Chair of the Financial Services Authority, said:

“The changing global economy will affect us all but the greatest impact will undoubtedly be felt by those most in need.

“As an Intelligent Funder and the largest distributor of National Lottery good causes money, BIG has a lot more to offer people and communities than just a signed cheque.

“The strategy we are launching today sets out how we will use our knowledge and experience to identify the underlying problems facing our communities and be part of early actions to tackle them. It is about ensuring we provide resources directly to communities in order to transform lives.

“We know that it’s better to prevent crises from occurring than have to spend all our efforts dealing with the consequences and that is why the Wisdom of Prevention conference is the perfect opportunity to launch our new way of working.

“Through our philosophy of People Powered Change we will help communities recognise their skills and reach their potential, support and develop new ideas and help organisations that ensure that the National Lottery’s good causes funding has a long-term positive impact in the lives of people across England.”

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• economy and finance