The fourth round of innovation funding opened on the 01 September 2010 and closes on the 29th of October 2010. The funding is open to organisations in England whose primary function is as a provider of further education and training. Eligible providers will be organisations funded by the Young People’s Learning Agency (YPLA) or Skills Funding Agency (SFA) and subject to inspection by Ofsted. The only eligible Higher Education Institutions are those with learning and skills provision funded by the SFA and subject to inspection by Ofsted.
Bids, for up to a maximum of £50,000, will be invited from consortia of provider organisations for projects which are genuinely innovative and which have the potential to significantly enhance the practice and performance of the learning and skills sector. LSIS will particularly welcome bids from providers working through cross-sector and extra-sector consortium arrangements. Bids from individual provider organisations will not be accepted in this funding round.
LSIS will continue to encourage innovative bids on a variety of topics that address the strategic priorities of the sector. However, for this funding round we will particularly welcome consortia bids that address specific issues and problems in defined locations - based on the principles of Total Place*
More information on the Innovation funding can be found at http://www.excellencegateway.org.uk/fif