News & Opportunities Funding Community Ownership Fund Deadline: 13 August 2021 First round of the UK Government's Community Ownership Fund is accepting applications between Friday 30 July - Friday 13 August 2021. This new £150 million fund will run over for four years. It aims to support the everyday infrastructure – the community centres, pubs, the high streets – that makes such a difference to our quality of life, by ensuring that communities across the United Kingdom can own and manage their most treasured local community assets. Whether it’s the pub on the high street that’s facing closure, a village shop or a local sports team that might lose its ground – this is an opportunity for groups to take them over and to run them as businesses by the community for the community. Who can apply The Community Ownership Fund will consider applications from voluntary and community organisations from all parts of the United Kingdom who have a viable plan for taking ownership of a community asset at risk and running it sustainably for community benefit. What type of projects can be funded The fund will support a range of community ownership proposals. For example, projects may include: sporting and leisure facilities music venues parks shops All applicants must also show how their project will help deliver one or more of the following outcomes for their place: increase feelings of pride and improve perceptions of the local area as a place to live improve social trust, cohesion and sense of belonging increase local participation in community life, arts and culture and/or sport create additional local economic outcomes – including creating jobs, volunteering opportunities and improving employability and skills levels in the local community create additional social and wellbeing outcomes – including delivering positive impact in physical and/or mental health and reducing loneliness and social isolation The priorities for the first round are to invest in projects which are ready to access capital funding and complete their projects within 6 months. How much is available Matched capital grants of up to £250,000 will be available for most projects. In exceptional cases, up to £1 million matched capital grants will be available to help establish a community-owned sports club or help buy a sports club or sporting facilities at risk of being lost. How to apply A full guidance document for applicants is published on GOV.UK. The online portal for applications will open on 30 July 2021. A full application template is published at gov.uk. Applicants should use the template and guidance document to prepare all the information required for their application, prior to submitting via the online portal from 30 July 2021. For more details visit the UK Government's website.