By Local organisations urged to apply to the UK Community Renewal Fund
North East Lincolnshire Council is urging local organisations to bid for money from the UK Community Renewal Fund.
The £220m Government fund will run until March 2022, and seeks to fund projects that are considered to be an investment in skills, an investment for local business, an investment in communities and place, or those that play a role in supporting people into employment.
According to the Government’s timeline, projects submitted by the deadline will be assessed in the summer, and must be delivered by the end of March 2022.
A statement from North East Lincolnshire Council reads: “The Council is interested in revenue-based bids that build on local insight and knowledge, and proposals that align with long-term strategic plans for local growth, target people most in need and support community renewal.
“In addition, proposals should show how they complement other national and local initiatives. A focus for the Community Renewal Fund is to support innovation and new ideas, investing in pilots that draw on local insights and which will help places to prepare for the introduction of the UK Shared Prosperity Fund in 2022.
“There are no specific financial allocations to these priorities beyond the £220m national allocation and North East Lincolnshire is not guaranteed to receive any funding.
“This funding will only be available should the Government deem the projects suitable in terms of scope, activity and deliverability.
“The UK Government anticipates supporting a range of projects by theme and size. Applicants are encouraged to maximise impact and deliverability through larger projects (£500,000+) where possible. However, bids of more than £100,000 will be accepted for individual projects or programmes.”
Potential applicants are advised to read the UK Community Renewal Fund prospectus, which is available here.
The prospectus provides information on the objectives of the fund, the types of projects it intends to support and how it operates, including the process and selection criteria that will be used to assess bids.
The deadline for submitting a bid to North East Lincolnshire Council is 21 May 2021.
Suitable bids will then be submitted to the Government in June, with a decision expected in the summer.
Anyone who is interested in applying can find out more here.
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