The Foundational Economy Challenge Fund is now open for applications.

Deadline for applications: 12 July 2019.

With £1.5 million of funding available specifically for valleys based projects, the fund offers support of up to £100,000 for experimental projects to test how Welsh Government can best help nurture and grow the foundations of our local economies, with a view to sharing successful approaches across Wales.

Any public, private or third sector organisation which can demonstrate it is active in the foundational economy in ways which benefit Wales is eligible to apply for this fund:

  • projects must be based in Wales (organisations outside Wales can bid but the activity and benefit must be in Wales);
  • it must be a new activity / project in Wales, the funding cannot be used to fund ongoing projects;
  • the projects must benefit the foundational Economy in Wales.

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Looking for funding for your project or organisation?.... click on our funding search platform for the third sector in Wales!

Our funding website Funding Wales, has been launched by Third Sector Support Wales to help third sector organisations find funding.

To start searching for funding opportunities, visit