North East Lincolnshire Council is inviting local organisations to bid for money from the UK Community Renewal Fund, which will run until the end of March 2022.
This Government fund, worth £220m overall, is seeking to fund projects that align with at least one of the Government’s investment priorities:
- Investment in skills
- Investment for local business
- Investment in communities and place
- Supporting people into employment
This fund has been released to bridge the gap between European Structural Funds and the successor funding programme, the UK Shared Prosperity Fund.
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.
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 CRF 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 NEL 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 Prospectus, available from the UK Government website (https://www.gov.uk/government/publications/uk-community-renewal-fund-prospectus) before considering an application. This detailed 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.
Bids must be received by the Council by 21 May 2021. These will be assessed, and if suitable, submitted to Government in June, in accordance with their timescale, with a decision expected in the summer months.
For more information, visit the web page on this site.