Third Sector Online has just announced that the Paul Hamlyn Foundation is to launch a new £2m fund aimed at enabling people with “big ideas” to develop activities and ideas that can help tackle major social issues.
The Ideas and Pioneers Fund will support “people who have an idea with unusual promise to improve the life chances and opportunities of individuals and communities in the UK”.
The foundation is looking for ideas which relate closely to its own charitable mission – helping people overcome disadvantage and lack of opportunity, so that they can realise their potential and enjoy fulfilling and creative lives.
The new fund is expected to go live in August 2015, offering grants of up to £30,000 to around 30 individuals or organisations in 2015 and again in 2016.
“The Ideas and Pioneers Fund will seek to identify individuals with innovative ideas to tackle major social issues but who lack the capacity or space to develop them. The foundation is explicitly looking to embrace risk and identify new grantees with ‘big ideas’.” — Paul Hamlyn Foundation