The Community Hubs Challenge Fund is being proposed by the council to make investment funds available for local community groups and community-led social enterprises. The fund will be used for the refurbishment and redevelopment of community facilities across the borough.
This funding will enable the next phase in the growth of the community hubs network in the borough, to provide safe places for residents, community groups, and small and medium sized enterprises from which they can operate and deliver services. Community hubs will provide a home where community growth, community action, volunteering and enterprise will flourish.
The fund proposes to fund project’s in two ways; 1) the Match Challenge Fund, and 2) the Challenge Fund Purse. A total of £1,000,000 funding will be available for the financial year 2014/2015. The fund will be open for a maximum of 12 months, using two proposed funding rounds: (1) June 2014 to September 2014 (2) November 2014 to January 2015.
