News

The National Lottery Launches New Funding Strategy, Summer 2023

The National Lottery has recently announced it is to reinforce their commitment toward grassroots funding as it kicks-off a bold new 2030 strategy.

The National Lottery Community Fund (TNLCF) recently announced its pledge to increase the amount of funding available to grassroots projects in the biggest change from the grant giver in decades.

One of the UK’s largest community funders has revealed plans for investment, set to start as soon as this year to meet its ambition to tackle some of the UK’s biggest social issues.

It Starts with Community is its new strategy and forms the basis of the funder’s efforts to distribute at least £4 billion of National Lottery funding by 2030.

Key to its recent announcement is its commitment to ‘turbo charging’ support for grassroots projects through its leading small grants programme, National Lottery Awards for All:

The National Lottery will increase the amount that groups can apply for from £10,000 to £20,000 and will also be extending the term from 1 year to 2 years. These changes are to come into effect from Autumn 2023.

Further details about their new strategy announcement can be found on the TNL Community Fund website.