Government Announces New Community Renewal Fund

A fund of £200 million has been announced by the Government for projects that can support Economic Regeneration. Lead authorities, including Torbay, Devon and Somerset County Council are inviting bids from communities, services providers and organisations, that are aligned to the four priority themes and local priorities:

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

For those seeking more information regarding eligibility and criteria, you can visit each of the Council’s websites. The fund is aimed at inspiring communities to thrive and grow and to support people and communities most in need across the UK, creating opportunities to trial new approaches and innovative ideas at a local level. The Government are likely to make their decisions and allocate funding to successful bids in July. Keep an eye on our website for further updates. View the CRF Prospectus here>