ACF TO MANAGE FUTUREBUILDER FUND 2ND PHASE

The Cabinet Office today announced its intention to appoint the Adventure
Capital Fund (ACF) to manage the second phase of the Futurebuilders fund.
Their appointment follows a rigorous tender process. ACF will be responsible
for investing an additional £65million of government funds, on top of the
£150m already made available to the Futurebuilders Fund, to develop third
sector delivery of public services between 1 April 2008 and 31 March 2011.

Article:

http://www.gnn.gov.uk/content/Detail.asp?ReleaseID=348118&NewsAreaID=2

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