Agenda item

Strategic Initiative - Centre for the Acceleration of Social Technology (CAST) - Digital Catalyst Project

Minutes:

In response to queries, the CGO advised that the organisation would need a fuller funding package to be effective, and that City Bridge Trust would have an opportunity to work closely with the organisation to influence programme design. A Member asked if it could be ensured that City Bridge Trust funding would only be used on the London element of the initiative, which was nationwide. The CGO responded that this had been discussed and was set out as part of the recommendation.

 

APPROVED a grant of £400,000 over two years (2 x £200,000) towards the London element of an initiative to make civil society more resilient by embedding digital in their strategy, services and governance.  Release of funding in Year 2 is conditional on CAST being able to demonstrate the viability of the programme in 2020/21. The grant is also conditional on CAST providing a satisfactory revised reserves policy.

Supporting documents: