The goals of the fund are:
support community groups to take ownership of assets which are at risk of being lost to the community
support community groups where the asset is already in community ownership but needs essential renovations to be sustainable for the long-term benefit of the community
strengthen community ownership across the UK
strengthen the social infrastructure that helps communities to thrive
Capital funding available: Up to £2 million for all asset types, but we expect that most awards will be for up to £250,000 of capital funding.
Key dates to note:
- Expression of Interest stage - always open
- Round 3 Bidding Window 1 - 30 August - 11 October 2023
- Applications must be submitted by 11:59am on each bidding window’s respective closing date
- There will be 4 bidding windows each year at regular intervals
- March 2025 - Fund closes
Community Ownership Fund: prospectus - GOV.UK (www.gov.uk)
