Reclaim Fund: Third Sector

(asked on 17th May 2021) - View Source

Question to the Department for Digital, Culture, Media & Sport:

To ask the Secretary of State for Digital, Culture, Media and Sport, how much of the £750 million in funding announced for the voluntary and community sector on 8 April 2020 came from Reclaim Fund Ltd.


Answered by
Matt Warman Portrait
Matt Warman
This question was answered on 20th May 2021

None of the £750 million funding announced for the voluntary and community sector in April 2020, came from the Reclaim Fund Ltd transferred under the Dormant Assets Scheme. All of the funding was central government funding.

Separate to the £750m funding package, in May 2020 the DCMS Secretary of State announced the unlocking of £150m of dormant assets funding to help charities, social enterprises and individuals in need of support during the coronavirus outbreak.

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