Voluntary and community sector (VCS) investment and support programme 2012-2015
Innovation and development fund
What we want to achieve
The Innovation and Development Fund (IDF) aims to unlock the creativity and resources that exist within the borough, find practical solutions that reduce inequality and to enable Camden residents to reach their full potential.
The fund seeks to support innovative ideas and gives power to local communities to make things happen in their local area. It offers financial investment and a tailored support package to support innovators like you to make your ideas a reality.
Through this fund we aim to develop and test new ideas by connecting people and resources more effectively to make a genuine difference across the borough.
For the third and final round of innovation and development funding, we are looking for innovative ideas that help build resilience in Camden.
The round is now closed and no further applications will be accepted. Applicants will be informed whether they are through to the shortlist in early August. Unsuccessful applicants will be able to ask for feedback.
We held two launch workshops on the 28 May and 3 June. The slides from the event are now available to download on the sidebar. Both events sought to:
- explain and explore the theme of building resilience
- explain the overall process and our expectations for successful applications
- help potential applicants to think differently about the theme through discussion with social innovation experts, residents and relevant council officers
In response to some of the questions that came up at the workshop, we would like to clarify some points relating to the application process:
1. Multiple applications from one applicant: Our application guidance states on page 1 that ‘An applicant may only lead on one application but they may partner on more than one application’. At the workshop it was implied that some applicants did have multiple ideas for distinct projects but that they would not lend themselves to collaborative bids. We are primarily interested in finding innovative ideas, and so in spite of our stated guidance, we will accept more than one application from an organisation in relation to distinct projects. We encourage partnership working but have decided to be pragmatic at this stage and understand that partnering is not always possible.
2. Funding categories: we have provided some guidance next to each of the 4 funding categories which we did not intend to be interpreted as hard and fast rules. We would like to reiterate that statements relating to timescales and geographic scale of projects next to each category are indicators only and should not prescribe or dictate the length or ambition of any project.
3. Match funding: we would consider an application to fund a component of a project that was also securing funding elsewhere.
4. Full cost recovery: We are sympathetic to full cost recovery where proper costing exercises have been done and where costs requested are not already funded from other sources. It is important that an organisation knows the true full cost of any piece of work it is looking to undertake. However, all requests are dealt with on a case by case basis, taking account of your available resources and other funding possibilities. This fund looks to provide revenue/ project funding only.
Timeline and key dates
We will explain the full application process in terms of success criteria and application requirements at the events but here is an overview of our timeline for this round.
28th May 9am-1pm
Submission of initial idea
28th June (received by midnight)
Notification of shortlisting decision
Submission of a developed business case
Notification of funding decisions
End October (date tbc)
What we mean by building resilience
People in Camden face challenges every day and the wider economic climate means these challenges are becoming even tougher. Our resilience is a measure of how well we can cope with and respond to these difficulties in a positive way, both as individuals and communities.
Building resilience is about finding ways to:
- empower people to help themselves;
- adapt to change and uncertainty; and
- develop communities who look out for each other
As a borough we have a wealth of diverse community assets (from community buildings through to social networks) that can be used to engage people in activities that help build resilience.
To start a discussion about our building resilience theme or to test out an initial idea with our residents, visit www.wearecamden.org/camdeninnovates
Page last updated Sep 9, 2013 3:19 PM
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