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Cashpoint FAQs

A selection of frequently asked questions relating to Cashpoint. If you can't find what you're looking for get in touch at info@vinspired.com.

Before you apply to vInspired cashpoint

Q1. What sort of projects will Cashpoint fund?
Q2. Will I need to prove my identity?
Q3. How much money can I apply for?
Q4. How long should my project last?
Q5. How do you define a volunteer?
Q6. Can I use money from cashpoint towards a bigger project?
Q7. Can I apply through an organisation I volunteer with?
Q8. Can I get support from a support worker to help me with the project?
Q9. Can I put in more than one application at a time?
Q10. Can I run a project which aims to raise money?

After applying

Q11. What happens next?
Q12. Can I start my project straight away?
Q13. How should I keep in touch with vInspired about my project?
Q14: How will the funding get paid to me?
Q15. Do I need to keep my receipts?



Q1. What sort of projects will vInspired cashpoint fund?
A. We're only accepting applications for our Get Active For Good Cashpoint scheme at the moment. It's a new initiative for young people to run projects that use sport and physical activity for good in their community, and is supported by Sport England. Your project could be for physical or mental well-being, individual development, to benefit your community, or a combination of all of these! Need some inspiration? Check out other past and current projects here.

Q2. Will I need to prove my identity?
A. Yes. When you are completing your application you will be asked to upload a scan or a photo of your ID. This could be a copy of your passport, birth certificate or driving license.

Q3. How much money can I apply for?
A. Up to £500

Q4. How long should my project last?
A. Your project should be finished and the funds used within two months of the start date. If you think your project might take longer, please make this clear in your application.

Q5. How do you define a volunteer?
A. Someone who undertakes unpaid activity to benefit individuals, groups or the wider community. Your team of volunteers will help manage and carry out the project.

Q6. Can I use money from Cashpoint towards a bigger project?
A. No. We only fund small projects and want to be the only funder for your project.

Q7. Can I apply through an organisation I volunteer with?
A. No, Cashpoint funding is for individual young people (or small groups) who have developed a project idea and will run the project themselves. 

Q8. Can I get support from a support worker to help me with the project?
A. Of course, but we want you to be in charge! If you need support from a teacher, youth worker or someone else to apply for a grant or run the project, your support worker must complete the relevant section of the application form. It’s important that they tell us how they’ll make sure that you stay in charge of the project.

Q9. Can I put in more than one application at a time?
A. No. You can only deliver one Cashpoint project at a time. When you have successfully finished your project you are welcome to submit another application for a new project.

Q10. Can I run a project which aims to raise money?
A. No, Cashpoint does not fund projects that primarily aim to fundraise - for example, running activities with the sole purpose of raising funds for other charities, organisations or activities. Your project should bring about a direct community benefit. For example, Cashpoint could fund football workshops with local children but could not fund a bake-sale to raise money for a sports charity.

Once you have submitted your application.

Q11. What happens next?
A. If we like your idea, we will give you a call within 10 working days of receiving your application to talk through it in more detail. This is also a good opportunity for you to ask us any questions you may have. In your application, you will be asked to choose the best time to call you. Our Panel will then make a decision about whether to fund your project or not within four weeks of submission.

Q12. Can I start my project straight away?
A. You need to wait until we have given you a decision before you start. In the meantime it’s a great idea to carry on planning your project.

Q13. How should I keep in touch with vInspired about my project?
A. vInspired need you to keep in touch about how you are getting on. We will phone you to ask you how you are progressing half way through your project and ask you to complete an end of project report when you have finished. 

You can also create your very own project page, where you can add updates, images and videos as you go. You will also be asked to start adding your volunteering hours on the website so that you can complete a vInspired award. Find out more about the awards.

Q14: How will the funding get paid to me?
A: If your application is successful, vInspired will set up a new joint bank account for your project funds to be paid into. In order to set this up we will need you to sign a debit card agreement form. You will then be issued with a pre-paid debit card which will be credited with your grant award.

Q15. Do I need to keep my receipts?
A. Yes, please keep receipts for anything you buy. You'll be asked to submit them at the end of your project.