UK Community Renewal Fund
Applications to the UK Community Renewal Fund are now invited for projects in Blaenau Gwent.
On 3 March the Chancellor of the Exchequer announced the one-year UK Community Renewal Fund (UK CRF).
The intention is that this will be used to pilot new approaches to move away from the EU Structural Funds, in preparation for the introduction in 2022/23 of the UK Shared Prosperity Fund.
The UK CRF will finance:
• Investment in skills
• Investment for local business
• Investment in communities and place
• Supporting people into employment
Applications to the UK CRF are to be co-ordinated by local authorities across the UK. Blaenau Gwent County Council will co-ordinate the submission of an application for Blaenau Gwent. The Council is expected to appraise bids submitted to it, and to shortlist them before submitting the shortlisted bids to the Ministry for Housing Communities and Local Government for assessment and hopefully approval. All
Councils must submit their shortlisted bids to the Ministry by noon on 18 June 2021.
The Government has expressed a preference for applications that request at least £500,000. The shortlist of prioritised bids from a county may not exceed £3 million in value. The Fund will primarily (90%) fund running costs rather than capital investment.
Bids for funding may be made by any legally constituted organisation delivering an appropriate service. Bids cannot be submitted for projects that benefit a single entity (for example a single business) – there must be evidence of wider impact for multiple individuals, businesses or other organisations.
Instructions for applicants and application forms are on this page. It is essential that all applicants refer to the Prospectus published by the UK Government. It may be found at: UK Community Renewal Fund