Applications Now Closed
Thank you to everyone who submitted an application to the programme. The applications have been considered and all successful projects have been announced.
About the Community Wealth Programme
Funding is available through the York and North Yorkshire Combined Authority’s allocation of UK Shared Prosperity Fund to support community wealth building by:
Raising Awareness
- Increase our understanding about the prevalence and value of the social enterprise sector across North Yorkshire & York
- Increase awareness of the benefits of Community Wealth Building among stakeholders
Promoting Community Wealth Building (CWB)
- Enhance local economic resilience by supporting community ownership and control of assets
Encouraging Social Enterprise
- Support community businesses that prioritise social objectives alongside financial sustainability
As part of the overall CWB programme, funding is available to provide a limited number of grants to eligible organisations that meet the programme’s priority objectives.
As part of the overall CWB programme, funding is available to provide grants to eligible organisations that meet the programme’s priority objectives.
Objectives and Priorities
- The Community Wealth Building (CWB) grants fund aims to support projects that can demonstrate a contribution to the development of local place based economic models that redirect wealth back into the local economy and places control and benefits into the hands of local people
- The area of benefit is North Yorkshire and York
- Revenue funding is available for applications that meet the priorities of the Shared Prosperity Fund and that can demonstrate that the project will deliver the programme’s aim to promote community wealth building and encourage social enterprise
- The fund will focus on 2 key priority themes – CWB Innovation and Capacity Building and Social Enterprise Development Support
We are particularly looking for projects that:
-
- Promote inclusive economic models and community ownership
- Encourage local community wealth building networks and collaboration.
- Strengthen governance and leadership within social enterprises
Themes
Community Wealth Building Innovation
The piloting of new models of local economic development that are rooted in place and that aim to build inclusive, generative economic models that maximise social value, strengthen local networks, and empower communities to take greater control of local assets and resources.
Example Projects
- Initiatives that develop partnerships to understand and optimise social value and build community wealth for your place.
- Pilot projects, feasibility or action led research projects that can help further your understanding of the potential of local community wealth building approaches for your community.
- Commission a feasibility study or participatory research project to map local assets, anchor institutions, and economic flows. Use findings to co-design a Community Wealth Building Action Plan with local stakeholders.
- Local ‘trusted trader’ brokerage schemes to support ‘Buy Local’ initiatives.
- Projects that help to retain and regenerate local wealth by reducing waste and keeping resources in use.
Capacity Building and Social Enterprise Development Support
Capacity building support for community-led social enterprises, helping them establish governance structures and develop sustainable business plans.
Example Projects:
- Tailored support for specialist and technical advice for social enterprise organisations to help them grow, become sustainable and be legally compliant. Funding can be used for organisation wide training or one to one support and consultancy
