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/