Application process
Ufi has a two-stage online application process. Access to Stage 2 is by invitation only, following success at Stage 1. Evaluation at each stage is undertaken by an expert panel, selected to represent experience and expertise relevant to the fund. Final funding decisions are made by the Ufi Board of Trustees.
Stage 1 requires you to complete an online application form which outlines the problem in vocational learning your idea aims to address, the intended audience / market and potential for scale. You will also need to tell us about your organisation and the funding requested. Applications are assessed on how well the project fits with Ufi’s overall mission and the specific objectives of the funding call.
Stage 2 requires you to provide more detailed information about how you intend to deliver your project. You will be invited to respond to some feedback questions from your Stage 1 application so that we can find out more about your idea. You will also need to provide a technical description of your idea, additional information in the form of a project plan and budget and submit some documents which we require to complete due diligence before we can confirm an offer of funding.
Timetable
Stage 1
Tuesday 11 June 2024 - applications open.
Monday 8th July 2024, 17.00 (GMT) - applications close.
Successful applicants will be invited to proceed to Stage 2 in late July.
Stage 2
Tuesday 6th August 2024 - applications open.
Monday 9th September 2024, 17.00 (GMT) - applications close.
Successful applicants will be notified after the Ufi Board of Trustees reach their final funding decisions in late October 2024.
MyUfi portal
Applications must be submitted online via the MyUfi online portal.
Once you have registered and created an account, you can log-in, access the application form, save your draft application and return to it at any time while the funding round is open.
What happens if you are successful?
Due diligence, contracting and ongoing support
All projects will need to agree to the Ufi Standard Terms and Conditions of Grant.
You will then be introduced to your personal Project Account Manager who will work with you to create a project plan setting out how the project will be delivered and the milestones which need to be achieved for funding to be drawn down.
It is for you to determine how your project is best delivered and to work with your Project Account Manager to agree a plan. The funding milestones will be set as part of this process.
Each project is unique, and we will work with you to agree what is most reasonable for your project.