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New template for overseas aid funding

Charities must raise 10% before seeking grants

The way overseas aid is funded will change as part of a new Isle of Man Government focus.

Chief Minister Howard Quayle today (Monday) launched the introduction of four funding streams which will run alongside its 'Small Grants' initiative.

Charities will need to raise a total of 10 per cent of the funds - but on the flip-side, £540,000 will be allocated to Manx projects; available over a two-year period.

Mr Quayle explained what he expects out of the changes:

You can find out more about the funding streams at:

www.gov.im/about-the-government/departments/cabinet-office/international-development

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