UK charities may apply to £20bn fund

But they should heed the words of Ronald Reagan

No doubt CE charities in the UK will be turning their eyes in the direction of this fund to help see them through the hard times.

In doing so they should bear in mind that there are no free lunches and the Government will be very clear about the nature of the agendas that it is willing to support.

Perhaps the words of the Great Communicator may sound an appropriate warning:

The nine most terrifying words in the English language are: 'I'm from the government and I'm here to help.'

Reference

Ainsworth, D. (2008) Sector can apply for £20bn fund, Mandelson confirms: Financial support for small companies is open to charities too, says business secretary, Third Sector Online, 14 January 2009

http://www.thirdsector.co.uk/News/DailyBulletin/873566/Sector-apply-20bn-fund-Mandelson-confirms/8EC57DE1CD77A01142A5F02F37CA2ED8/?DCMP=EMC-DailyBulletin