The UK Government’s Department for Digital, Culture, Media and Sport has announced £1.7 million in funding for organisations who would like to grow as a Public Service Mutual i.e. organisations which have left the formal public sector but continue to deliver public services to create positive social impact, and have a significant degree of employee ownership, influence or control in the way the organisation is run.
A total of £1.2 million will go towards creating new Mutuals and £500,000 used to pilot support programmes. Organisations eligible for support will be those that have left the public sector (also known as ‘spinning out’), continue to deliver public services, aim to have a positive social impact and that have a significant degree of staff influence or control in the way they are run. Existing Mutuals in the first 5 years of operation can also apply. No minimum or maximum grant levels have been specified but match funding in cash must be provided by the applicant.
Applications can be submitted at any time. Interested organisations should first contact the DCMS Mutuals Team to discuss their eligibility.