Resources Available for Local Areas
Local Recovery believe the policies of local authorities and national governments should deliver for local communities.
As part of this, we can provide advice and support to local groups who are looking to access funding from schemes such as:
The Place Based Investment Programme Fund
The Scottish Government’s Place Based Investment Programme Fund provides £325 million of capital funding to support community led regeneration, town centre revitalisation, community wealth building and 20-minute neighbourhoods.
The investing in communities Fund
This £325 million Scottish Government fund helps local communities to reduce poverty, improve their local area and tackle climate change.
Eligible organisations can apply for grants worth up to £350,000 to provide community-led projects and services. Applications for 2023-26 are currently being assessed.
The Levelling up Fund
The UK Government’s Levelling Up Fund is worth £4.8 billion over four years. Local councils can submit bids for projects worth up to £20 million.
The second round closed in August 2022. The investment themes were transport, regeneration & town centres and culture.
The community ownership Fund
This Fund is worth £150 million over four years and supports community groups to take ownership of local assets which are at risk.
Groups can bid for match funding to buy assets such as community centres, pubs or theatres. The second round has been launched, with the first bidding window open until 19 August.
There will be two more bidding windows before March 2023.
The shared prosperity Fund
The Shared Prosperity Fund replaces previous EU funds. Scotland will receive £212 million. Every local authority has received a funding allocation and has submitted an investment plan to access the money. Once approved, they can give the funding to local projects in their area.
The aim of the Fund is to build pride in place and increase life chances, with a focus on community & place, supporting local business and people & skills.
Regeneration Capital grant fund
This Fund supports locally developed place-based regeneration projects that involve local communities, help to tackle inequalities and deliver inclusive growth in disadvantaged and rural communities across Scotland.
Councils can apply each year with the latest round closing in June 2022.
The Aspiring Communities fund
This £24.8 million fund helps community bodies and third sector organisations in deprived communities to address local priorities and reduce poverty.
Details of future funding rounds are not yet available.