Safe in Tees Valley News
Transition Fund Success
Posted : 06/05/2011
The Cabinet office confirmed today that SITV had been successful in its bid for Tranition funding. Administered by the Big fund, the non-lottery funding arm of the Big lottery fund the Transition Fund helps charities, voluntary groups and social enterprises that are impacted upon by public sector spending reductions.
SITV CEO, John Bentley, commented - "We were delighted to to hear our proposal for Transition funding had been successful. Like many charitable organisations we experienced a significant drop in income in March this year as a result of the Comprehensive Spending Review. This timely financial support provides the breathing space to explore all available opprtunities to support our services in a changing funding environment"