Fund provides Welsh residents opportunity to own businesses

Welsh residents will have the chance to become owners of at-risk local pubs, theatres, post offices, sports grounds and corner shops thanks to the UK Government’s Community Ownership Fund.

The £150 million Community Ownership Fund is for communities across England, Wales, Scotland and Northern Ireland. It has been set up to help communities take ownership of assets at risk of closure. It will run for 4 years until 2024/25.

Voluntary and community organisations can bid for match funding. Funding may support the purchase and/or renovation costs of community assets.

Once you have passed the Expression of Interest (EOI) stage, you will be sent a link to submit a full application to the Fund. Please note you can only submit a full application if you have received confirmation that your project is eligible at the EOI stage.

Your full applications must be submitted before 12pm on 19 August 2022 if you are applying in the first bidding window.

For further information, click here.