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News & Stories > Final Round of the Community Ownership Fund

Final Round of the Community Ownership Fund

Active Derbyshire, Active Notts, Funding, News

The Government has announced that ahead of the launch of the fourth and final round of the £150 million Community Ownership Fund (COF), it has published a new Expression of Interest (EOI) form.

The Community Ownership Fund helps community groups buy or renovate assets that would otherwise be lost to the community. 

Voluntary and community organisations can apply. Applicants must be an incorporated organisation set up to deliver charitable purpose, social purpose or public benefit. Applicants must have a viable plan for taking ownership of a community asset at risk and running it sustainably for community benefit. 

Proposals will need to prove the value of the asset to local people. They also need to be sustainable for the long-term benefit of the community. Projects could include (but are not limited to):

  • Community centres.
  • Cinemas and theatres.
  • Galleries.
  • Parks.
  • Sporting and leisure facilities.

All prospective applicants, including those that have previously submitted a successful Expression of Interest (EOI) form, must submit a new EOI on the updated system.

Click here for more information.