Community Ownership Fund Opens For Bids From Communities In Scotland

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Community Ownership Fund Opens For Bids From Communities In Scotland

People across Scotland are being given the chance to become owners of at-risk local pubs, theatres, post offices, sports grounds and corner shops, as part of the UK Government’s new £150 million Community Ownership Fund.

Details have been published of how voluntary and community organisations across Scotland and the rest of the UK will be able to bid for up to £250,000 matched funding to buy or take over local assets and run them.

Up to £1 million will be available to establish sports clubs or help to buy sports grounds at risk without intervention.

A total of £12.3 million has been set aside for community projects in Scotland, whether they be sporting and leisure facilities, cinemas and theatres, music venues, museums, galleries, parks, pubs, post office buildings and shops.

The UK Government will undertake a series of information events with communities, the Voluntary and Community Sector (VCS) and local authorities in all parts of the UK.

The first bidding round closes on 13th August with another seven bidding rounds expected to take place over the next four years.

For more details, click here.

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