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		<title>Capital Funding</title>
		<link>http://theresabt.edublogs.org/2008/03/27/capital-funding/</link>
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		<pubDate>Thu, 27 Mar 2008 16:22:10 +0000</pubDate>
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				<category><![CDATA[Funding]]></category>
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		<category><![CDATA[capital funding]]></category>
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Path: Home &#62; R&#38;D &#62; ICT      &#62; Projects &#62; Capital Funding


 
Capital Funding
The LSC has announced a programme for 2008-09 building on a model pioneered by LSN in the Molenet project for colleges last  year.  NIACE has been asked to develop a plan which involves a financial [...]]]></description>
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<td width="100%"><!--mstheme--><font face="Arial, Helvetica"><strong>Path:</strong> <a href="http://www.niace.org.uk/Default.htm">Home</a> &gt; <a href="http://www.niace.org.uk/Research/Default.htm">R&amp;D</a> &gt; <a href="http://www.niace.org.uk/Research/ICT/Default.htm">ICT</a>      &gt; <a href="http://www.niace.org.uk/Research/ICT/projects.htm">Projects</a> &gt; Capital Funding<!--mstheme--></font></td>
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<h1><font face="Arial, Helvetica"><strong><strong><strong><a title="content" name="content"></a></strong></strong></strong>Capital Funding</font></h1>
<p><font face="Arial, Helvetica">The LSC has announced a programme for 2008-09 building on a model pioneered by LSN in the <a href="http://www.molenet.org.uk/" title="Molenet">Molenet</a> project for colleges last  year.  NIACE has been asked to develop a plan which involves a financial  partnership with providers.</font></p>
<p><font face="Arial, Helvetica">Quite simply, providers who apply for capital funding will be asked to commit  to pay NIACE a support fee equivalent to 10% of the value of the capital  received. For example, in return for a grant of £30,000 a provider will pay  NIACE a support fee of £3,000. The support package will include documentation  and access to advice and guidance along with an online community and a dedicated  online conference and a consultancy day. </font></p>
<p><font face="Arial, Helvetica">Full details are not available until April 2008 but I will keep you posted. </font></td>
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