The Community Ownership Fund is a £150 million fund to support community groups in the UK to take ownership of assets which are at risk of being lost. Under the fund, community groups will be able to bid for matched capital grants of up to £250,000 to help them to buy local assets to run as community-owned businesses. In exceptional cases, up to £1 million matched capital grants will be available for some sporting facilities.
Please see the slides that have been shared at the webinars you may have attended.
The deadline for applications for this bidding round is 13 August 2021. A second round will open in December 2021 and a third in May 2022.
Groups who want to apply to the fund must do so using the online portal which can be found at this page: https://www.gov.uk/government/collections/new-levelling-up-and-community-investments#the-community-ownership-fund
Applicants must submit their applications, with all supporting documents, no later than 5pm on Friday 13 August 2021. Any applications or supporting documents received after 5pm on Friday 13 August will be not be considered as part of this bidding round.
If you have technical problems when accessing or submitting your application form, you can call 02038290743 between 9am to 5pm on weekdays.
For any other questions you may have on the Community Ownership Fund, please contact the team at COF@communities.gov.uk