Residents in the Vale will have the chance to become owners of at-risk local pubs, theatres, post offices, sports grounds and corner shops with the launch of the UK Government’s Community Ownership Fund, which will see more than £7m set aside for projects in Wales.
The fund will run over four years until 2024/25, with multiple bidding rounds.
The first round opened on 15 July 2021 and closes on 13 August 2021, with voluntary and community organisations can bid for match funding.
The Community Ownership Fund prospectus is available here. provides detailed guidance on the purpose of the fund, eligibility criteria, funding and support assessment criteria and the decision-making process.
WCVA and Social Enterprise Stakeholder Group is running a Community Ownership Fund information and Q&A session on Monday 26th July from 2pm, with details available via www.eventbrite.co.uk
For further information on the Community Ownership Fund visit GOV.UK.