Jersey organisations given £23m to support projects
Jersey organisations including the Opera House, Jersey Heritage, the Citizen’s Advice Bureau and Jersey Cheshire Home have successfully bid for a total of £22.8 million of funding.
The money has been granted through the first phase of the Fiscal Stimulus Fund - which was set up to support the island’s recovery from the coronavirus pandemic.
Last year it was announced that as part of 'phase one' up to £25 million of funding would be available to government departments, arms'-length organisations and not-for-profit organisations to fund smaller projects.
In order to benefit from the funding, organisations were asked to submit expressions of interest, and those that were successful had to provide a business cases.
The projects had to prove they would cost less than £5 million and be completed by the end of the year.
Projects supported by phase one of the Fund include:
Overall there were 93 expressions of interest submitted with a total funding value of £102.4m.
Of these, 47 applications which met the fund’s criteria of providing temporary, targeted, and timely support to the economy, were asked to submit a business case.
While the Minister for Treasury and Resources took the final decision on applications, she received recommendations and comments from the Fiscal Stimulus Oversight Group (FSOG), the Economic Recovery Political Oversight Group (ERPOG) and the Corporate Services Scrutiny Panel (CSSP).
The Minister says the number of applications "demonstrate that there is a wealth of potential on the island" and that many have "ambitious plans" to help the island’s recovery.
Here is the full list of projects receiving funding: