Grants of between £500,000 and £1 million for charitable organisations in England, Scotland and Wales to deliver the project they have always dreamed of, but never had the opportunity to bring to life.


o Application deadline: to be confirmed. The Dream Fund will open to applications on Friday 1 October 2021.

o Who can apply: registered charities and not-for-profit organisations in England, Scotland and Wales. Please note that the lead organisation in consortium applications must be a registered charity.

The focus of the Postcode Innovation Trust’s £3 million Dream Fund for 2022-2024 will be projects that are looking to deliver systemic change in the following funding categories:

1. Environment/conservation.
2. Social inequality, 
3. COVID-19 pandemic recovery.

Charitable organisations in Great Britain can apply for a grant of between £500,000 and £1 million for an innovative, impactful and collaborative project which should be delivered over a 24-36-month period (i.e. 2022-2024).

The Dream Fund is providing an online Innovation Toolkit this year to help applicants develop original, impactful and innovative projects. The Toolkit contains tools applicants can use to:

o Identify the problem you want to solve.
o Understand your audience and their needs, 
o Develop and build ideas.

A further page on the Dream Fund’s website also provides advice from former winners.

The Dream Fund has a three-stage application process:

(1) Stage 1 - applicants submit their proposal through a simple online application form. Applicants provide the following details:
o A brief description of the organisations who are partnering.
o A project description.
o Details of why the project is a ‘dream’ project, and
o The amount of funding requested.

(2) Stage 2 - the most impressive, exciting and original projects will then be shortlisted and asked to apply via a more detailed application form.

(3) Stage 3 - Stage 2 applicants will then be shortlisted again and the very best entries will be asked to attend our offices in Edinburgh to give a formal presentation on their project to the Dream Fund Assessment Panel.

Please check the Postcode Dream Fund website for further details about the 2022-2024 programme, including the application deadline, which should be posted on the website once the programme has opened to applications on Friday 1 October 2021.

Contact details for the Dream Fund are:

The Postcode Innovation Trust
28 Charlotte Square
Tel: 0131 603 8611
Email: info(at)

Where to find us

Llandrindod Wells Office

Unit 30
Ddole Road Industrial Estate
Llandrindod Wells

01597 822 191

Newtown Office

Plas Dolerw
Milford Road
SY16 2EH

01686 626 220

Get in touch


Cyflogwr Ystyriol / Mindful Employer
Trusted Charity