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David Cameron, Paul Barry-Walsh

Among the 119 successful bids announced yesterday by Deputy PM Nick Clegg for the second round of the Regional Growth Fund is a partnership between registered charities Fredericks Foundation, offering loans to start-ups or expanding businesses refused loans by the banks, and the nationwide body bringing community projects and philanthropists together, the Community Foundation Network.

Says Charles Dodwell, Fredericks Foundation CEO, “Our combined skills and experience have enabled us to put forward a successful and imaginative bid for funding, which will massively assist our work with small businesses across the country.

“Like us, Community Foundations are focused on doing good within the communities they serve, and we have found there to be many synergies between our organisations. Over...

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