VET Funding Update 08.10.19

We’ve had double good news this month already. Our bid to the lottery for development funding has been successful generating £47,500 for the following activities:

• Map and engage smaller organisations/initiatives

• MoU to underpin future relationships between the VET and statutory commissioners.

• Brand for those committed to the vision (quality assurance)

• Provide direct role for sector in identification of issues, design, commissioning and delivery of services.
• Peer support for very small organisations

• Support up to 10 organisations a year, providing opportunities to share intelligence, pool resources and work together to identify/win procurement opportunities

Separately, and thanks to quick action by Michele Jolly and Kirsteen Redmile (who turned around a very short timeframe funding application), the STP have been awarded £40,500 to develop the volunteering infrastructure in the county, working through VET and its partners.  This funding is provided by the voluntary partnerships section at NHS England.

In addition to these two grants negotiations are close to a successful conclusion with the STP/County Council to confirm agreement to match fund an application for continuation activities building on the current NHS England funded accelerator programme which underpins the cost of our current operation. If these discussions are successful and our subsequent follow on bid is approved this will provide the partnership with another £50,000 to support a good proportion of its core work over the next three years.

The positive pledges of financial support from a number of VET partners of £500 each have provided a crucial underpinning to show how serious we are about moving forward as a group. That is not to say that those who have chosen not to contribute or are unable to do so are in any way less valued or important to our mission.

We have an ambitious programme for the next three years and whilst these not inconsiderable resources will make a real difference as the budget below shows we are not in a position to sit on our laurels.

Activity	Y1	Y2	Y3	Y4	Y5	Deliverables	Notes
Set Up Costs	5500					Company formation, bank account etc	£2000 for set up 10 days @£350
VET Secretariat	14000	20000	20000	20000	20000	Schedule, develop agenda and minutes for 6 weekly VET meetings, day to day representation of VET, manage formal governance and bank account	Contract for service with third party for £18,000 inc on costs pt per year, £2000 p.a for accounts etc
Negotiation Management of MoU	10500					Negotiated as a discrete activity Yr1 then handed over to VET Secretariat	30 days year 1 @£350/day
Development of MoU Driven Brand	15000					Generation of framework for participation and promotion to potential members. Design and development of brand guidance. Purchase of materials to give physical expression to brand	Framework 20 days @£350 per day, Design and development £5,000, Purchase of materials £3000
Establishment of VCS Health Strategy for Lincolnshire	10750					Negotiation of strategy process and then coordination of drafting, resources for publishing then handed over to secretariat	25 days @£350 per day plus £2000 for print and publish
Mapping of Sector	9500					Development of database, liaison with established sources of information, population of database, management of database passed on after year one to secretariat	20 days @£350 per day, plus £2500 for development and management of database
Capacity Building and Support for Small Organisations inc Website and Resources	11375	7500	7500	7500	7500	Development of a support service for Health and Care organisations based on initial diagnostic help, networking and referral services	10 days @£350 set up, annual scope to support up to 10 organisations at £750 per organisation for a maximum of 2 days per organisation
Development of Annual Conference and networking opportunities	7000	7000	7000	7000	7000	Organisation of conference and seminar programme – 4 seminars per year plus access to National Centre for Rural Health and Care seminars	£2500 for conference per year, £500 per seminar, 10 days @£350 per day per year
Net Cost	83625	34500	34500	34500	34500
Organisational host costs	4181					Costs to accountable body in year one until established	5% of operating budget
Gross Cost	87806	34500	34500	34500	34500
Income
VCS Member subs	8000	8000	10000	12000	12000	Membership contributions (voluntary)	£500 per big organisation, £50 per small
NHS England Match Funding Budget	18750	6250				Sept/Sept matched funding budget year 1	£25,000 one off needs match
Lottery Development Funding	47500					One year development funding to enable the capacity and momentum of the initiative to be established
Statutory Sector/Third Party Funding Ask	13556	20250	24500	22500	22500

Next Steps

In view of the gathering momentum we believe that VET needs to harden its commitment and focus. Our next regular meeting is scheduled for 4 November. In view of the volunteer infrastructure funding we are aiming to have an earlier breakfast meeting before the end of October and all members will be welcome to join us. We also have a full group meeting booked for December in Sleaford although the date for that may have to change due to challenges around the availability of speakers. We will update you on the preferred day as soon as it is set.

A second key issue in moving forward is to identify the strategy for delivering each aspect of the VET programme. Namely:

• Organisational Set Up
• VET Secretariat
• Negotiation Management of MoU
• Development of MoU Driven Brand
• Establishment of VCS Health Strategy for Lincolnshire
• Mapping of Sector
• Capacity Building and Support for Small Organisations inc Website and Resources
• Development of Annual Conference and networking opportunities

Over the next week we intend to issue mini-specs for each of these activities, which will be open for the following 14 days for organisations to show an interest in direct delivery or suggest third party engagement. Chris Wheway as Chair of the VET, supported by Michele Jolly as Vice Chair and Kirsteen Redmile from the STP will then consider what has been put forward and confirm a strategy for the way forward.

In the interests of positive transparency we hope that you will all agree that this is a positive and pragmatic way forward. If you have any views you would like to share please feel free to contact Chris or Michele respectively at:

Michele.Jolly@ageuklsl.org.uk

chris.wheway@stbarnabashospice.co.uk