Funding Successes Reported for Idox’s Open 4 Community Platform

Community groups benefit from funding wins totalling over £230,000 via bespoke funding platform.

Manchester, United Kingdom, September 17, 2014 --(PR.com)-- Idox’s Open 4 Community platforms provide online funding search tools and resources that empower community groups to source potential funding opportunities in their local area.

Launched in January 2013, the Hull 4 Funding platform is funded by Hull City Council and powered by Idox – Europe’s leading authority on grants.

As part of a recent survey to obtain user feedback on the platform, Idox is pleased to report the following key findings:

· 40% of all respondents have applied for funding from external sources following the identification of funding opportunities on the Hull 4 Funding platform.

· A quarter of all respondents successfully secured funding as a direct result of using the platform.

· The funding amounts received ranged from £500 to up to £70,000, with a collective total of a staggering £230,000 quoted in the survey responses.

· A further 7% of respondents have applications pending as a result of opportunities identified through the platform.

To date, the portal has over 650 registered users to the site, with new registrations growing month on month.

Councillor Darren Hale at Hull City Council comments:

“The survey findings provide evidence that the Hull 4 Funding platform offers a valuable and worthwhile service to community groups in the Hull area. At a time of significant challenges in sourcing funding to achieve community goals, the Council is delighted to see that the portal enables local organisations to find alternative funding streams and provides a real return on investment.

“Knowing that the tool has already helped to secure almost ¼ million pounds to community groups and local organisations, it provides us with the reassurance that we are doing all we can to ensure that our communities get their share of the overall UK funding pot.”

For more information on Open 4 Community, contact solutions.marketing@idoxgroup.com.

Note to editors:

· The Hull 4 Funding User Survey was completed in May 2014 by a total of 81 respondents.

· Open 4 Community is part of Idox’s wider suite of public-facing funding solutions, empowering local groups to search for and securing funding. For more information, please visit: www.open4funding.info.

· Idox has, since 1985, been operating as Europe’s leading provider of funding and policy information services. It seeks to support organisations at every stage of the funding process from identification of suitable funding to application and management: www.idoxgroup.com.

Contact details

Press Enquiries should be directed to Idox:
Tel: 0844 874 0739
E-mail: solutions.marketing@idoxgroup.com
Contact
Idox
Rebecca Erskine
0844 874 0739
www.open4funding.co.uk
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