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What is the purpose of a grant? – Small Business Grants Covid-19

The purpose of every grant is to improve the quality of the service and the quality of life of the community. All grant recipients have an equal stake in this.

As an example of the relationship between government and the people, in 2010/11:

The National Trust, a UK charity, received £100m to improve the quality of its service (The National Trust is a not-for-profit charity whose staff are dedicated to improving and safeguarding the environment).

The National Maritime Museum received £11m to make Maritime Services better.

The National Trust received an £11m grant under the ‘Building Up Britain’s Coastlines’ initiative to improve the Coastline.

The National Trust is part of Government’s Strategy for Britain’s Coastlines, which promotes an active and collaborative relationship with the communities that rely on our coasts and beaches.

So, if you are an organisation that receives a grant, what can the grant make for you?

We want to support you to do the best job possible, with a view to making your contribution to bettering the lives of other people.

How much does it cost to run a grant?

The grant covers the total cost to run a grantee (excluding other costs such as salaries and office costs), plus administrative costs such as managing applications and managing and organising the programme.

The total cost comes down to the following:

£100,000 – the grantee’s total initial costs of running the grant.

– the grantee’s total initial costs of running the grant. £3,000,000 – the total costs (including salaries and office costs) the grantee will incur in supporting their grant for a period of 3 years (see below).

– the total costs (including salaries and office costs) the grantee will incur in supporting their grant for a period of 3 years (see below). £10,000,000 – the annual operating costs for a grantee over a three year life (including the costs of running a boardroom, operating staff and managing staff, as well as the administrative costs of supporting the programme).

Why is the cost so high?

It costs far more to run a government grant than a private one

There is a long-running, well-established tradition of using government grants as a key lever in securing the delivery of national services. This has led to long-term planning and delivery programmes including the building of National Heritage Areas, the

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