Futurebuilders England has jumped the first hurdle in its bid to win the tender for the Futurebuilders fund, and has been invited to come forward to the next stage of the competition.

The Cabinet Office opened the tender to manage the next phase of the fund in August this year.

“With over three year’s experience of running the fund we have pioneered a new approach to providing innovative finance for the third sector,” said Sally Procopis, resources director at Futurebuilders England. “As an organisation committed to learning we are keen to make creative, yet pragmatic changes for the future. We look forward to discussing these ideas with the Office of the Third Sector as we enter the competitive dialogue stage.”