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What people say about VBN...
"This is groundbreaking stuff. Administrating grant applications is an extraordinarily complex process, particularly where the funds available run into millions of pounds. This unique system enables a simple online registration, eligibility checking and application process enabling us to stay on top of thousands of applications and track their progress through the system.
We are also accountable to the EU and the system will allow us to report to them effectively and to track where funds are at any point in time. We will also be able to demonstrate a huge return on investment by massively reducing our administration costs. "
Steve Cargill, Project Officer, Lincolnshire Broadband Team on the Grant Administration System developed by VBN |
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| Lincolnshire County Council looks to VBN to help administer broadband subsidies |
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| Release date: 09 Nov 2004 |
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vbn develops groundbreaking application to assist deployment of local government grants
 Cambridge-based vbn, the leading provider of online business networks, has been working with Lincolnshire County Council to develop a bespoke application that will revolutionise the way it manages grant applications. The new grant administration service will help the Council to administer applications for broadband subsidies and assistance, dramatically reducing administration costs and speeding up the whole process so that SMEs get their money faster.
Lincolnshire County Council is using the system to administer a £15 million project which has been part funded by the European Regional Development Fund to encourage small businesses in the county to get online. The money will be used to help firms get professional advice on how ICT and Broadband can make a difference, and provide financial assistance with ICT projects.
Steve Cargill, Project Officer, Lincolnshire Broadband Team said of the new system:
'This is groundbreaking stuff. Administrating grant applications is an extraordinarily complex process, particularly where the funds available run into millions of pounds. This unique system enables a simple online registration, eligibility checking and application process enabling us to stay on top of thousands of applications and track their progress through the system. We are also accountable to the EU and the system will allow us to report to them effectively and to track where funds are at any point in time. We will also be able to demonstrate a huge return on investment by massively reducing our administration costs. '
The system is the only one of its kind that has been specifically designed for this purpose and there is potential for it to be developed for a wide range of grant administration services that can be deployed across local government. It consists of a multi-step process that filters applications, generates forms and letters, logs applications historically, generates reports and tracks and measures performance.
Richard Green, Chairman of vbn said: 'The potential for this application is enormous. The system we have developed for Lincolnshire County Council is extremely effective and there is nothing else out there at the moment that can match it. We are hoping that other Councils who have the onerous task of administering grants will see the genuine value in investing in this type of technology.'
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 Email to author |
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| reference: http://www.onlincolnshire.net |
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| Article Id: | 121401 | | Release date: | 09 Nov 2004 |
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