NEWHAVEN Community Development Association (NCDA) has been awarded £286,500 by the Government’s transition fund.
The Goverment said the fund was designed to help the charities most vulnerable to public spending cuts prepare for new opportunities being created through the Government’s support for a Big Society.
NCDA has suffered from public spending cuts, so has to find new ways of maintaining the services it offers to local people, such as supporting people without work, community activities, learning and well being.
Penny Shimmin from NCDA said: “Over the next year with the support of the Transition Fund we will be developing social enterprises to deliver services and also create surpluses which we can invest in our existing services.
“This is an exciting opportunity for NCDA to maintain our services in a time of funding cuts.
“NCDA and our services are living proof of the potential of local people to deliver services to meet local needs – the Big Society in action.”
Nick Hurd, Minister for Civil Society, said: “The Transition Fund is part of a much wider package of support for charities, voluntary groups and social enterprises.
“The Cabinet Office will invest around £470m in direct support over four years.
“We are opening up new opportunities for charities to deliver public services, cutting red tape and developing new sources of finance such as the Big Society Bank.
“However, the scale of the economic challenges we face as a country mean that charities are facing tough times.
“All the charities receiving transition funds have a plan to overcome current challenges and emerge stronger.
“We recognise the hugely important contribution charities make to our society and we are committed to supporting them.”
The Transition Fund was announced in the Spending Review, October 2010.
The Fund closed to applications on 21 January 2011.
To date £94.5m of funding has been committed.
NCDA aims to regenerate Newhaven, by addressing the economic, environmental, cultural and community needs of the town, particularly addressing the needs of those most vulnerable in the community.