Charitable organisations can register now with Funding Central’s successor programme “My Funding Central”

Funding Central, the online grants database provided by the National Council for Voluntary Organisations (NCVO), which has been an invaluable and free-to-access resource for charitable organisations with an annual turnover of up to £100,000, is scheduled to close next Wednesday, 31st March.

NCVO announced in February 2021 that its new strategic direction meant that, after 31 March 2021, it would no longer offer the Funding Central service, and that it was working with other providers on alternative options. 

The Idox Group, the private limited company responsible for creating and managing Funding Central, will be launching a new charity funding database to help fill the gap that will be left once NCVO’s service ceases.

The service from Idox Group, called “My Funding Central”, will allow charitable, voluntary and community sector organisations to continue connecting with funding streams, replicating the NCVO database but with enhanced features.

Organisations can sign up to My Funding Central now on the Idox website.

Idox has stated that My Funding Central’s advanced search engine will enable users to explore thousands of available funds, with new streams being added daily. According to Idox Group, 2020 saw a 330% increase in the number of funding opportunities available via the database. 

The service is specifically aimed at charities and voluntary organisations with incomes less than £1 million and the service will be free to use for those organisations with incomes below £30,000, representing a significant change from Funding Central, which could be accessed for free by organisations with an annual turnover of under £100,000. 

Idox has said that larger charity and voluntary organisations can still access Idox Group’s GrantFinder service which will continue to work with organisations with an income over £1 million, and which costs in excess of £2,000 per year. 

Commenting on the launch of My Funding Central, John McLaren, Head of Business for Idox Grantfinder, said:  

There are many thousands of small and medium sized charity and voluntary sector organisations doing vital work in communities across the country. For these organisations funding is key and this is especially so after a year in which the COVID-19 pandemic has hit so many sectors of the economy. 

“Those organisations which have previously relied upon the NCVO’s funding database will have been understandably concerned by news that the database is being discontinued. Our message to these organisations is that our team supplied the funding opportunities data behind the NCVO portal and we have taken the best parts of that service and developed them further with the launch of “My Funding Central”.   

“With thousands of funding streams available, better search functionality and ineligible organisations no longer able to bid for funding via the database, My Funding Central will be an invaluable tool for our customers as they begin the process of building back from the pandemic. Our database is based on relationships with funders, not just the aggregation of existing funding opportunities, and there are therefore funding streams available via My Funding Central that are simply not available elsewhere.” 

 
Source: UKFundraising