Stop Loan Sharks Community Funding 2016

Deadline 30th September

The England Illegal Money Lending Team (IMLT) has funding available for groups that want to raise awareness of the issues of illegal money lending. The money available has come from the proceeds of crime taken from convicted illegal money lenders. Illegal Money Lenders more commonly known as Loan Sharks, lend money without having the correct permissions from the Financial Conduct Authority.

Grants of up to £5,000 are available for projects that target illegal money lending. Projects must be delivered by 31 March 2017.

The funding can be spent on any worthwhile community project that meets the following criteria:

  • Contributes to raising the awareness of the dangers of using loan sharks.
  • Prevents crime and disorder and publicises the Stop Loan Sharks message.
  • Promotes the work of the Illegal Money Lending Team (IMLT) in communities.
  • Encourages reporting of loan sharks.

For 2016, the England Illegal Money Lending Team wants to actively encourage projects and initiatives that are different from the rest and will leave a legacy in the communities they are delivered in.

Projects must address all of the following four aims:

  • Innovative
    • Has this been done before?
    • What makes this project different?
  • Community Engagement
    • Who will this project reach?
    • How many people will be involved?
  • Impact
    • How will it effect and influence people reached?
    • How will it change their actions and understanding?
  • Legacy
    • What will it leave behind?
    • How is it sustainable?

Charities, community and voluntary groups, schools, statutory agencies and local residents in England can apply

An application form is available upon request from Catherine Wohlers.

Notification of decisions will be made in mid-October 2016.

Contact Catherine Wohlers for further information, email: Catherine.wohlers@birmingham.gov.uk

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