Building Financial Capability Fund
The Building Financial Capability Fund (BFC Fund) aims to help community groups and local providers to build the financial capability of people and communities.
It replaces the MoneyMates Fund which has now closed following the final round. The BFC Fund has a broader focus to encourage a wider range of applications.
Providers/organisations can apply for funding to pilot ideas that will support communities experiencing hardship to become financially capable and resilient.
Funding is also available to make these ideas self-sustainable.
We are looking for projects that:
- improve the wellbeing of people, their family and whānau
- improve opportunities and life outcomes for tamariki/children
- improve social and economic inclusion.
Funding available
Two levels of funding are available for the 2018/19 financial year starting 1 July 2018:
- Up to $50,000 for pilot funding to turn ideas into practice and evaluate the learnings
- Up to $100,000 for sustainability funding to cover the costs of setting up a support structure to continue the initiative after the funding ends.
Funding is only available in the 2018/2019 financial year so applications need to demonstrate viability after the funding ends.
Applications for the first round of funding close on 7 August 2018.
Funding criteria
The criteria for funding includes demonstrated connection with the community, organisation viability and activities that align with the BFC principles.
Applicants for funding do not need to be a currently-funded provider of BFC services.
Please read the criteria and application information document and apply using the application form.
