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Matched funding
This is a new innovation introduced by DfES. It is a matched funding scheme to encourage additional funds into the education sector to be spent on capital works, thereby increasing the level of overall spend on school buildings. It is open to Community, Foundation and Voluntary schools.
Although most spending must be targeted at AMP identified priorities, it is acknowledged that sometimes these priorities, such as a roofing replacement scheme, are unlikely to generate 'new' funding or support the development of an innovative scheme and therefore other projects may well be considered.
Please see the Seed Challenge Initiative letter.
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