Grant News
The Money and Pensions Service (MaPS) has launched the Debt Advice Modernisation Fund 2025–2026 to help the free debt advice sector enhance and futureproof its services.
Eligible organisations that can apply for the grants must be registered not-for-profit organisations (e.g., charities or Community Interest Companies - CICs); be authorised by the Financial Conduct Authority (FCA) to provide debt counselling and adjusting services and have the capability and capacity to spend funds awarded and complete activities by 31st March 2026
The fund responds to increased pressures on debt advice organisations, including staff retention challenges, rising demand, and the need for improved technology.
A total of £9.5 million is available, with individual grants ranging from £50,000 to £750,000.
Funding will support projects that improve organisational efficiency, invest in digital tools, restructure services, or upskill staff. Activities might include system upgrades, leadership development, collaboration initiatives, or piloting new delivery models.
The grant is open to debt advice providers in England who receive MaPS funding, particularly for vulnerable groups. Both sole applicants and partnerships may apply, provided the lead applicant holds a MaPS debt advice contract.
The deadline for applications is 12 noon on 21 June 2025.
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