Big Lottery Community Assets Programme - Final Round 3 Now Open For Applications
The final round for Applications opened on 24th November, 2010 for Big Lottery/WAG’s Community Asset Transfer Programme (CAT), which will support asset transfer to enterprising community organisations.
BL will do this by developing assets transferred from public sector bodies to enterprising organisations that actively involve and benefit the communities they serve.
Organisations must work towards improving the services and/or facilities for their community, and be able to demonstrate that their proposals are sustainable in the long term.
There are no current plans for any further rounds under this Programme.
BL will fund the transfer of:
- Buildings with, or without, associated land - BL will only accept proposals for the transfer and development of buildings that will become multipurpose (i.e. have a mix of economic and social purposes), and are accessible to the wider community. The assets will need to have the potential to generate income for additional community benefit and/or be central to the delivery of a range of key services that support community life.
- Land only - any land transferred will need to have an end use. This might include an opportunity for development of forestry and nature reserves, ecotourism, localised food production or localised energy generation.
- In addition to the transfer of the asset, funds are available to develop an existing asset or construct a new building.
BL will offer a flexible approach to asset transfer, allowing either freehold purchase or leasehold transfer, as required.
Capital and Revenue funding of up to £800k is available to support the transfer of assets, such as land and buildings, from public sector organisations to community ownership.
In particularly strong cases BL will meet 100% costs, although in most cases you will be expected to contribute funding from other financial sources, or through in-kind contributions.
As part of your capital budget, you can also include a request for Development Funding to help you with the cost of developing the capital element of your project at Stage Two.
Round 3 will be delivered via a competitive two-stage process. Organisations will be required to submit a Stage One application with an organisation business plan and, if successful will be required to submit their Stage Two application (a project business plan and capital project delivery plan).
Stage One applications - noon on 3rd March 2011
Stage 2 deadlines are shown on the Big Lottery website.
Wanda Smith, Ext 5958 / email@example.com