Please note: this fund is now closed. It will open again in Summer 2022.
As part of our Westfield East Bank Creative Futures Fund, we opened a Capital Grant scheme as part of our Year 2.
Year 2 has £100,000, and proposals will be accepted from £3,000 upwards. We are encouraging approaches to the Foundation to discuss applications for the Capital Stand. There is no deadline — we are operating a first approached basis until the fund pool has expired. Projects will be considered on an individual basis and can be for small to medium requests. All projects will be matched against the strength of outcomes we expect. The Foundation may choose to use the fund to support one outstanding project of £100,000 or a variety of smaller to medium size requests.
Year 1 saw one large capital grant awarded to the Talent House @ 3 Sugar House Lane to provide an engine room for creativity and create opportunities for early career and more established dance and music artists to connect with one another, to be inspired and create. Please see Talent House as a case study for capital projects.
The below information is provided for a guide only. There will be no formal application form, however once an initial conversation has taken place; and if the team feels your project meets the programme’s aims and objectives, you will be asked to provide a project proposal, including how it meets the programmes expected themes and outcomes, a timeline and a full budget breakdown. This proposal will be assessed by the Foundation’s Grant Committee with a commitment to respond within 10 weeks.
If you are successfully awarded a Capital Grant, you will be entered onto the Foundation’s grant management software for ongoing monitoring and reporting.
Open to
Please note: this grant scheme is now closed. It will open again in Summer 2022.Funding
£3,000 to £100,000Apply by
Duration
Outcomes
Depends on the size of the applicationCategories
Business & Start UpActivities
We define capital expenditure as an amount spent to acquire or improve a long-term asset such as equipment or buildings. Through the Capital Grant scheme, the programme aims to equip local organisation’s and communities by ensuring they have the right buildings, spaces, infrastructure, assets, and/or equipment to deliver their vision and work to contribute towards a more inclusive and fairer East London. Within this we also include green and blue assets, those that are nature-based features but situated and form part of the urban landscape. Often, they will be either vegetation (green) or water (blue) based such as green roofs and walls, rivers or ponds.
We encourage applicants to explore other avenues of funding to match our funding and enhance the project outputs and outcomes, but it is not essential for our funding scheme. Examples of capital projects are:
Activity stemming from capital grant investments
Our Fund is about creating inclusive and sustainable opportunity — we are keen to back a range of activities and innovative ideas that drive the proposed outcomes. The Foundation for Future London is a strong advocate for the ability of creativity to enable levelling up opportunities and to be a strong contributor to the London economy. Therefore, we are keen to fund capital projects that has origins in and/or will stimulate activity and subsequent outcomes in:
Funding Themes
Any Capital Grant Scheme submission, regardless of size of funding request must have at the heart a core commitment to one or more of the following:
Outcomes
All Capital Grant Scheme applications will need to be linked to project outcomes from our list of 13 short, medium and long-term outcomes.
We know that these may not be instantly achievable from a capital grant, so whilst discussing your capital project, the team will ask you to identify outcomes that you expect a capital investment will lead to and a potential timeline for this. The number of outcomes expected will be based on the amount of capital funding being asked for.
To see the full list of project outcomes, see our Capital Grant Scheme guidance.
Audiences
Disabled peopleTo arrange an initial conversation about potential Capital Grant proposals, please email Grants@future.london. Please make sure you’ve read through our Capital Grant Scheme guidance.
Eligibility
Assessment Criteria & Support Area
Equality, diversity, and inclusion are at the forefront of the Foundation’s grant giving. We actively encourage applications from all communities including Black, Asian and ethnically diverse, disabled, learning disabled, unemployed and/or low waged, people without qualifications, housing difficulties, Gypsies and Travellers, LGBTQ+, children and young people, older people and people with mental health issues or health issues.
We want to make sure funding opportunities reach a wide audience and serve to support locally rooted charities and community focused initiatives. We also encourage applications from individuals and organisations led by local people whose projects engage and serve East London’s diverse communities of Newham, Tower Hamlets, Hackney and Waltham Forest.
To get a better understanding of the support areas and beneficiaries the Foundation’s funding seeks to target, see our list of groups in appendix. We encourage applications from these support areas, as research and feedback from the communities indicate the highest need. However, projects with other areas/benificiaries can still apply for grant funding and will be considered the same if need is demonstrated.
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