The £150 million Community Ownership Fund is for communities across the United Kingdom. It has been set up to help communities take ownership of assets at risk of closure. It will run for 4 years until 2024/25.
Voluntary and community organisations can bid for funding to support the purchase and/or renovation costs of community assets.
Proposals will need to prove the value of the asset to local people and that the asset can run sustainably for the long-term benefit of the community.
The prospectus sets out information on the:
- eligibility requirements
- assessment criteria
- funding available
- application process
- next steps after submitting your application
All the information needed can be found HERE in the prospectus.
Key information for the full application bidding windows in 2022/23 are as follows:
- bidding window 3: 15 February to 14 April 2023
- each bidding window will close at 11:59am on its respective closing date
- the dates of future bidding windows will be announced in due course
Your full applications must be submitted by 11:59am on 14 April 2023 if you are applying in the third bidding window.