Loan Shark Grants are available for local residents, charities, community and voluntary groups, schools and statutory agencies in England for projects that target illegal money lending. Grants of up to £5,000 are available The England Illegal Money Lending Team (IMLT), hosted by Birmingham City Council, is providing grant funding for local groups that want to raise awareness of the issues of illegal money lending in their community. The funding has come from the proceeds of crime taken from convicted illegal money lenders. Illegal Money Lenders, more commonly known as loan sharks, lend money without having the correct permissions from the Financial Conduct Authority. Loan sharks operate by giving cash loans without any paper work and want to double the amount they get back or charge extortionate interest rates. When people struggle to make repayments, the loan sharks may use violence, threats and intimidation, to ensure that they get their money. This funding scheme aims to give local groups the opportunity to raise awareness of the issue, in their community in a different way. Projects must target illegal money lending and be delivered by 31 March 2018. The funding can be spent on any worthwhile community project that meets the following criteria: Contributes to raising the awareness of the dangers of using loan sharks. Prevents crime and disorder and publicises the Stop Loan Sharks message. Promotes the work of the Illegal Money Lending Team (IMLT) in communities. Encourages reporting of loan sharks. For 2017, the England Illegal Money Lending Team wants to actively encourage projects and initiatives that are different from the rest and will leave a legacy in the communities they are delivered in. Projects must address all of the following four aims: Innovative Has this been done before? What makes this project different? Community Engagement Who will this project reach? How many people will be involved? Impact How will it effect and influence people reached? How will it change their actions and understanding? Legacy What will it leave behind? How is it sustainable? Restrictions The following are not eligible for funding: Existing projects that merely add Illegal Money Lending to its program. Repeating an existing project. Adverts on radio stations, though funding could be used for campaigns by radio stations. Films that are for audiences of less than 500 people. Staff salary, day to day running costs of the organisation or vehicle costs. Producing freebies, publicity merchandise and or distribution costs. Staff training. Any costs incurred whilst putting together the application. Food. (Tea and coffee can be funded.) Payment Procedure To claim the funding, grant recipients must invoice the IMLT. Application Procedure An application form is available upon request from Catherine Wohlers or can be downloaded Contact Catherine Wohlers for further information. Addresses and contacts Application forms may be available to download on this site - please see the downloadable files on the right hand panel at the top of this page - or alternatively please check the funding body’s own website. Contact details: Catherine Wohlers Illegal Money Lending Team PO Box 12971 B33 0TD Telephone: 07500 809339 Email: Catherine.email@example.com Deadline 30 June.