2. Will a Futurebuilders investment enable you to develop services that a public agency (e.g. a local authority or primary care trust) is realistically likely to purchase from you under contract or through fees?
Futurebuilders will only support service delivery that is, or could be, mainly funded from the public purse.
To decide whether an application is eligible we apply the following question: ‘Do the cash flow projections for the proposal show a realistic likelihood that at least 51% of the required income flowing from the proposal, once up and running, will come, directly or indirectly, from statutory bodies?’
We will expect you to have discussed funding arrangements with the public sector purchaser(s) who you plan to be purchasing your service.