What we will fund 

• The Dream Fund encourages collaboration. Applications must be from two to four separate organisations.
• The lead partner MUST be a registered charity i.e. it must be formally registered with the Charity Commission or with OSCR. 

• We are flexible on who the other partners can be. They can be other charities, companies, universities, local authorities or research institutes. 
• The Dream Fund will award funding for a single £5 million project. You will not be able to apply for more or less than this amount.
• Projects that last between one and five years.
• Applicants can request the £5 million award to contribute toward a larger project, providing they can confirm the source(s) of the remaining funding.

• All projects must have been developed to a point where they are ready to begin delivery within 4 weeks of receiving notification of a successful application. 

• This can include being ready to hire staff and formally plan the project. 

• All project ideas must be innovative, original and show a clear charitable purpose. 

• All applications must come from organisations based in Scotland, England, Wales or Northern Ireland for projects to be run in one or more of these regions. 

• Universities and further education institutions are eligible to apply as partner organisations.

• General running costs including ongoing staff costs, utility bills, council tax, rent and insurance etc. that are directly linked with the project are eligible for funding, costs relating to PR and communications and capital costs are eligible for funding. 

• Organisations who have previously applied for or received funding from Postcode Dream Fund are eligible to apply
• Organisations are able to submit up to two expressions of interest, either as a lead or a partner applicant.