Market Improvement Fund

The Market Improvement Fund (MIF) has been established to fund and deliver innovative projects that will benefit the non-household market and its customers.

Round three of the Market Improvement Fund has now closed.
 

 The Market Improvement Fund was established through the implementation of change proposal CPM018: 'Treatment of Market Performance Standard charges and Operational Performance Standard charges which seeks to use some or all of the charges to fund activities which may address market failures that cannot be addressed through other funding mechanisms.

The Market Improvement Fund is owned by the Strategic Panel, and is facilitated by MOSL.

The projects that are applicable to this fund are those which: 

  • Enhance market functioning and benefit non-household customers
  • Cannot be considered 'business as usual'
  • Do not confer any particular competitive advantage to any trading party or group of trading parties.

The third iteration of the fund in November 2023 awarded £753k to seven successful applicants, who were judged by an independent Selection Committee. You can find out more about them here and previous successful projects here. If you'd like to keep up to date with the progress of all bids, please visit the project update page.

Visit project update page

How does it work?

  • Bids are not limited to themes, but any project that demonstrates alignment with the Strategic Panel's three priorities is encouraged
  • Applicants must submit applications to MOSL but an independent Selection Committee will review and score the bids to decide the winners - subject to ratification by the Strategic Panel
  • We strongly encourage third-parties to submit or be part of bids. However, applications must be sponsored by at least one trading party or MOSL.
     
    A full list of criteria is available in the governance document.

How do I apply?

The application window for round three has closed.

Interested in submitting an application for a future round, have a question or want MOSL to be involved with your application? Fill our our Expression of Interest form below.

Expression of Interest form

Meet the Selection Committee

The independent Selection Committee's role is to assess the bids. The Committee is made up of trading party and independent members, with a representative from CCW. Find out more about them here.

Meet the members

Application top tips

For tips on how to make your application stand out, watch our video.

Keep up to date

To keep up to date with the latest Market Improvement Fund information, please sign up to the 'Market Improvement Fund' mailing list. If you already subscribe to our emails, simply click 'update subscription preferences' at the bottom of any email you receive from us and select 'Market Improvement Fund' when you receive your preferences email.

If you have any questions please email MIF@mosl.co.uk.

FAQs

Related pages

Market Improvement Fund code change

Information on CPM018: 'Treatment of Market Performance Standard charges and Operational Performance Standard charges'

View change

Project updates

Read project updates from successful applicants here.

View

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