Businesses urged to bid for UK Community Renewal Fund

8:39am - 30 April 2021
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Businesses and organisations in North Somerset are being asked to apply for a share of the new UK Community Renewal Fund, recently launched by central Government.

Applications put forward will go through a shortlisting process, with successful proposals combined to submit a bid for a £3m funding pot. Individual organisations included in the combined bid will be awarded funding, if the council is successful. 

As a Lead Authority, the council is inviting project bids in line with two themes: Inclusion and equality and thriving towns, villages and coastal communities.

Organisations will be asked to submit applications for projects that align to at least one of the following government priorities:

  • Investment in skills
  • Investment in local business
  • Investment in communities and place
  • Supporting people into employment 

If the council is awarded the fund by central Government, it will administer the new funding to support local areas in preparation for the launch of the UK Shared Prosperity Fund in 2022.

The Invitation to Bid is available on the North Somerset Council business page. 

Cllr Mark Canniford, Executive Member for Placemaking and Economy, said: “We’re encouraging as many local businesses and organisations as possible to submit a bid. This funding is an opportunity for organisations in North Somerset to come forward with their ideas that will increase the prosperity, health and wellbeing of our residents and that support our towns and communities to thrive.

"If we’re successfully in our application to the UK Government, this funding will help to support our local businesses and community groups to develop and improve opportunities and skills for residents following the significant hardships caused by the pandemic.”

A webinar for potential applicants will take place on Monday 10 May at 2pm. To register your interest please contact business@n-somerset.gov.uk.