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Supporting Asset Development
Investing in Community EnterpriseJoanna Riddell
February 2014
• 5
Corporate Priorities
• A prosperous and enterprising district
• An accessible and connected district
• A green district where people want to live, work and visit.
• Active and, healthy citizens and communities
Community Rights
• The Community Right to Bid allows a community the right to buy assets of community value when they come onto the market, if they have been registered as an asset of community value.
• The Community Right to Build is a new way for communities to choose where and when to build homes, shops, facilities and businesses. Communities will be able to build.
• The Community Right to Challenge enables communities to challenge to take over local services that they think they can run differently and better.
Community Assets Fund
The main objectives:
• Empower communities to help themselves • Foster a spirit of entrepreneurialism • Inspire a ‘can do’ attitude • Support the objectives of our Localism work • Regenerate local services and infrastructure • Showcase innovative working locally and nationally
Community Assets Fund
Total fund £1.2m • Up to 30 investments over 3 years • Investments will be grant and loan What sort of projects will be supported?
• Developed by local people or community group • Strong community consultation • Community-ownership legal structure • Exist for the benefit of the local community
village shops - enterprising community halls - community pubs - community cafes - community transport - co-operative energy
suppliers
Community Assets Fund
Other Funds
WLDC Funds
Community Chest• Up to £500 for community activities.• £1000 Community Led Plan development
Councillor Initiative FundNational Funds Big Lottery, Community Matters
European Funds LEP
Support
Lincolnshire Funding Portal
www.lincolnshire.gov.uk/fundingportal
http://mycommunityrights.org.uk/